How Elon Musk is bankrolling GOP’s hopes in Texas Senate race
Summary
Elon Musk is spending over $150 million to support Republican Ken Paxton in the Texas Senate race against Democrat James Talarico. Most of Musk’s donations go through major Republican groups that fund various GOP efforts nationwide, helping Republicans keep control of the Senate.Key Facts
- Elon Musk donated $75 million to the Senate Leadership Fund (SLF) on September 9, 2026.
- SLF then transferred $75 million to a Texas political action committee (PAC) supporting Ken Paxton.
- Musk gave another $83 million to SLF on September 23, which was transferred to the Texas PAC the next day.
- In total, the Texas PAC reported receiving $158 million from these transfers.
- Musk’s total spending on the 2026 midterms exceeds $276 million, close to his spending in the 2024 presidential election.
- He has also funded other GOP groups, including AMERICA PAC ($76 million), Congressional Leadership Fund ($20 million), the Republican Governors Association ($10 million), and other super PACs.
- Democrats, including Talarico, have raised significant funds, with Talarico raising $64 million in one quarter compared to Paxton’s $18 million.
- Republicans aim to keep their four-seat majority in the Senate during the November elections.
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