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Home›Global Markets›Trade & Tariffs›Elon Musk gives $276 million to Republican groups for…

Elon Musk gives $276 million to Republican groups for 2026 midterms

Reported · Written up by our desk · Trade & Tariffs

CNBC reports that Tesla and SpaceX CEO Elon Musk has donated $276 million to Republican groups, making him the biggest known donor for the 2026 midterm election cycle.

The outlet says the spending reflects Musk rebuilding his relationship with former President Donald Trump and that Musk also has business ties to the federal government.

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Sources

CNBC MarketsElon Musk gives $276 million to Republican groups, becomes biggest known 2026 midterm donor
CNBC WorldElon Musk gives $276 million to Republican groups, becomes biggest known 2026 midterm donor

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