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Musk donates over $150 million to Senate GOP group, assisting Paxton

Billionaire Elon Musk is offering a nine-figure assist to Texas GOP Senate candidate Ken Paxton, a decisive return to large-scale political giving for the world's richest man.

Elon Musk has donated a record $158 million to the Senate Leadership Fund, a move intended to bolster the Republican war chest as the party invests in Texas to defend Ken Paxton. According to The Hill, Musk was the sole donor to the Texas PAC supporting Paxton's Senate run during the third quarter as part of an effort to maintain Republican majorities in Congress. CBS News described the donation as a decisive return to large-scale political giving for the billionaire.

Separately, Elon Musk and his political action committee, America PAC, have agreed to settle two proposed class-action lawsuits in a federal court in Austin, Texas. Live Mint reports that the lawsuits, led by Arizona residents, accused Musk and the committee of defrauding voters in seven swing states—Pennsylvania, Georgia, Nevada, Arizona, Michigan, Wisconsin, and North Carolina—through a promised daily $1 million lottery-style giveaway used to collect signatures for a US Constitution petition.

The plaintiffs alleged the lottery setup was deceptive and that winners were not randomly drawn from the pool of signatories. The financial or non-financial terms of the settlement have not been disclosed in court filings.

Brief written by urgent.news from CBS News, Live Mint, CNBC World, CNBC Technology, The Hill — 5 reports on this story. Machine-written — may contain errors; check the original before relying on it.

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