Billionaires spent record sums on the US midterms: Musk leads with $445.5 million
According to an analysis by The New York Times and OpenSecrets, the 20 largest donors contributed about $2 billion to the 2026 US midterm elections. Elon Musk spent the most — $445.5 million, mostly on Republicans, who lost control of both chambers of Congress to the Democrats. According to an analysis by the New York Times and OpenSecrets, the 20 largest donors contributed about $2 billion to the 2026 US midterm elections. Elon Musk spent the most — $445.5 million, mostly on Republicans, who lost control of both chambers of Congress to the Democrats.
Madina Usmonova