Musk breaks record as the largest donor in a campaign with over 420 million euros

Elon Musk has set a record as the largest donor in a single electoral cycle, contributing $474 million to the Republican Party. This unprecedented amount marks the highest public donation by a non-candidate. Investigations suggest Musk may have made additional undisclosed donations, potentially increasing his total contributions. Democratic lawmakers plan to investigate Musk's activities if they regain control of Congress, focusing on his role in government efficiency and contracts with the federal government. The 2026 midterm elections have also seen record political advertising spending, surpassing the 2024 presidential cycle. The elections will renew the entire House of Representatives and a third of the Senate, along with gubernatorial elections in 36 states.