Former President Trump’s super PAC, MAGA Inc., has amassed approximately $200 million, making it a significant force in upcoming Republican primaries and the 2026 midterm elections, largely funded by high-profile donors including Elon Musk and Silicon Valley executives. This unprecedented fundraising effort raises concerns among some Republicans about its influence and potential to sway party dynamics, with the money primarily aimed at supporting Trump-endorsed candidates and attacking rivals.
Louisiana Senator Bill Cassidy receives a $2.5 million support boost from the Louisiana Freedom Fund super PAC amid a challenging primary, as he maintains a significant cash advantage over opponents despite a GOP revolt over his impeachment vote. Meanwhile, Senate Republicans oppose Democratic funding cuts, House Republicans navigate cryptocurrency legislation, and investigations into former President Trump and other political figures continue. The political landscape remains highly dynamic with ongoing debates over campaign funding, legislative priorities, and investigations.
Elon Musk announced plans to create the 'America Party' to represent centrist voters, but face significant hurdles such as ballot access laws, federal regulations, and the challenge of building a viable political brand. He could pursue options like forming a super PAC or collaborating with existing third parties to influence elections without the need for official party certification.
Trump allies have formed a super PAC called MAGA KY to target Rep. Thomas Massie, a Kentucky Republican who opposed Trump's policies and criticized his Iran strikes, highlighting internal party conflicts and Trump's efforts to influence his congressional allies.
Billionaire Michael Bloomberg has donated $5 million to a super PAC supporting Andrew Cuomo's bid for New York City mayor, marking a significant financial boost and a shift in his stance from previous rivalries, as Cuomo faces a competitive primary against Zohran Mamdani.
Donald Trump's super PAC, Make America Great Again, Inc., is organizing a high-priced fundraising event at Mar-a-Lago, Florida, where attendees are required to pay $1 million per person for a 'candlelight' dinner with the president-elect. This event follows the super PAC's significant financial efforts in the recent election.
Elon Musk funded a last-minute $20 million campaign by the RBG PAC to support Donald Trump in the 2024 election, falsely claiming Trump shared the same abortion stance as the late Justice Ruth Bader Ginsburg. The campaign strategically avoided disclosing its donors until after the election, revealing Musk's involvement. The ads misleadingly suggested Trump opposed a federal abortion ban, despite his history of appointing justices who overturned Roe v. Wade.
Donald Trump's team is reportedly planning to launch its own super PAC to compete in the 2026 Senate races, amid concerns that the Senate GOP's campaign arm and its allied super PAC are hiring individuals perceived as 'Never Trumpers.' This move could disrupt traditional GOP fundraising and campaign strategies, potentially leading to a split among Republican donors. The tension arises as South Carolina Sen. Tim Scott takes over as chair of the National Republican Senatorial Committee, with Trump's allies pushing for leadership that aligns with Trump's vision.
Elon Musk and his pro-Trump super PAC are facing lawsuits from two swing state voters who accuse them of fraud related to a $1 million daily election giveaway. The lawsuits claim the contest was not random and favored Republican supporters, while also alleging it was used to drive traffic to Musk's social media platform and collect personal data. Despite concerns from the Justice Department and a lawsuit from Philadelphia's District Attorney, a judge allowed the giveaway to proceed.
Founders of venture firm Andreessen Horowitz, Marc Andreessen and Ben Horowitz, plan to make significant donations to pro-Trump super PACs, joining other tech figures like Joe Lonsdale and the Winklevoss twins in supporting Trump's campaign.
Elon Musk and several tech elites, including Joe Lonsdale, Doug Leone, and David Sacks, are backing a pro-Trump super PAC, America PAC, with significant financial contributions. Despite Musk's public denial of the extent of his involvement, reports indicate he plans to donate up to $45 million monthly. The PAC, founded by Republican lawyer Chris Gober, focuses on voter registration and early voting in swing states and has raised over $8.7 million since June. Other notable donors include the Winklevoss twins, Ken Howery, and Marc Andreessen.
Elon Musk has publicly endorsed Donald Trump's presidential reelection bid and is reportedly planning to support Trump's campaign with $45 million a month through a new super PAC. This marks a significant shift in Musk's political donations, as he has previously supported both Democratic and Republican candidates. Despite their differing views on issues like climate change and electric vehicles, Musk's endorsement and financial backing could have a substantial impact on the campaign.
Elon Musk has denied reports that he will donate $45 million a month to a pro-Trump super-PAC, calling the claims "fake gnus." Despite Musk's denial, The Wall Street Journal stands by its reporting. The America PAC, which has donated $15 million on behalf of Trump recently, reportedly includes donors from Musk's social circle, such as tech entrepreneurs and investors.
Elon Musk plans to donate $45 million per month to a super PAC supporting Donald Trump, following his endorsement of the former president after an assassination attempt. The America PAC, formed last month with financial backing from Musk's associates, focuses on voter registration and early voting efforts to counter Democratic campaigns. Musk's donations mark a significant shift in his political stance, as he previously stated he would not support either Trump or Biden.
Elon Musk plans to pledge $45 million a month to a newly formed super PAC supporting Donald Trump's 2024 presidential bid, according to the Wall Street Journal. The super PAC, America PAC, has also received contributions from other high-profile entrepreneurs like Joe Lonsdale and the Winklevoss twins. Musk officially endorsed Trump after an assassination attempt on the former president at a campaign rally.
