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Elon Musk has spent over $276 million in the 2026 midterm election cycle, becoming the largest known donor to the Republican Party in those elections, with the goal of helping to maintain its majority in Congress. His major contributions include $158 million to the Senate Leadership Fund, as well as $76 million to the "America" Committee, bringing his total political donations to approximately $366 million—surpassing what he spent in the 2024 elections. These are among the largest donations in American history, at a time when the Republican Party is focused on protecting its majorities in both the Senate and the House.
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