Saturday, October 17, 2026 SourcesAbout🌓
🇺🇸 US ▾
BREAKING
› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell› Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials› Podcast: One country musician is calling for other artists to oppose assault rifles› Bidets save you money and reduce waste — we tested the best options out there› 50+ products to make your life easier and our planet cleaner› Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love› A head-to-toe guide of how men should dress this spring, and where they should shop› 42 of the most useful travel products you can buy on Amazon› The 7 best high-yield savings accounts of April 2023› Taxes are due tomorrow. Here's how to file for an extension› Dominion still has pending lawsuits against election deniers such as Rudy Giuliani and Sidney Powell› Russia is 'going backwards' in equipment and deploying post WWII-era tanks, according to Western officials› Podcast: One country musician is calling for other artists to oppose assault rifles› Bidets save you money and reduce waste — we tested the best options out there› 50+ products to make your life easier and our planet cleaner› Mother's Day is around the corner. Here are 50+ thoughtful gifts she'll love› A head-to-toe guide of how men should dress this spring, and where they should shop› 42 of the most useful travel products you can buy on Amazon› The 7 best high-yield savings accounts of April 2023› Taxes are due tomorrow. Here's how to file for an extension
Business

Elon Musk is pouring money into the midterms. Here's where he's giving the most.

Business Insider ·
Elon Musk is pouring money into the midterms. Here's where he's giving the most.

Elon Musk is spending big on Republicans this midterm cycle.

In 2025, he said that he had "done enough" political spending.

Bloomberg/Getty Images Elon Musk is giving reams of cash to Republicans.

Most of that dough is ending up in Texas, according to financial disclosure forms.

In Texas, Ken Paxton is running a tight race against James Talarico.

Elon Musk is forking over generational wealth to Republicans facing tough midterm elections this cycle.

Over two donations in September, Musk gave a combined $158 million to the Senate Leadership Fund, a super PAC aligned with Senate Republicans, which has, in turn, given reams of cash to funds supporting the Republican candidate in Texas.

The money, shown in new federal disclosure forms, cements Musk as a major player in Republican politics over a year after he publicly split with President Donald Trump over the latter's handling of the Epstein files (though the two have since reconciled).

Republicans are facing serious headwinds over the Iran war, rising inflation, and sky-high gas prices.

Polls show that American voters are largely dissatisfied with Trump's leadership and handling of the economy .

All told, Musk has given about $276 million since July.

Much of Musk's political donations have ended up in Texas, according to federal disclosure forms, where embattled Attorney General Ken Paxton is engaged in a mudslinging battle for the Senate with state representative James Talarico.

One day after Musk notched a $75 million donation to the Senate Leadership Fund, the Super PAC gave a $75 million donation to the Texas PAC, a group aligned with Paxton.

Then, also in September, another $83 million donation by Musk was matched the next day by an identical donation to the Texas PAC, according to federal disclosure forms.

Read the full article on Business Insider ›

5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.businessinsider.com — the content belongs to Business Insider.

This story in other outlets

More from Business Insider

See all ›

More in Business

See all ›