Tesla and SpaceX CEO Elon Musk attends the Golden Age of American Innovation Summit at the Institute of Peace on October 8, in Washington, DC.
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Elon Musk has plowed nearly half a billion dollars into elections in the 2026 cycle, a spending spree that makes him the single, largest disclosed donor in modern American politics and one of the Republican Party’s largest-ever benefactors.

The world’s richest man has contributed more than $445 million to federal committees alone through mid-October – more than double the nearly $177 million that Democratic megadonor George Soros gave to outside groups during the 2022 cycle to become the largest known individual donor in the last midterm elections for Congress.