America PAC Injects $76 Million Into Midterm Campaign

Elon Musk transferred more than $76 million to his personal political committee, America PAC, during the first two weeks of October. The funding arrived as the group prepared for the final stretch of the midterm election cycle.

A pre-election report filed with the Federal Election Commission on Thursday evening reveals the scale of the recent contributions. The PAC spent nearly $43 million in that same two-week window. It entered the last phase of the campaign with almost $47 million in cash remaining.

The Texas Senate contest absorbed the majority of the new expenditure. America PAC directed $15.2 million toward that specific race, double the amount spent in the state over the entire summer. Of that total, $12.4 million funded advertisements attacking Democratic candidate James Talarico. Another $2.8 million supported Republican candidate Ken Paxton.

Daily filings submitted after the initial report show an additional $9.1 million targeted at Talarico. This brings the PAC's total spending against the Democrat this cycle to nearly $28 million. That figure represents roughly 40 percent of all money the group has spent supporting or opposing candidates. The committee also shifted heavily toward digital platforms, spending $11.4 million on online ads in the two-week period.

WIRED analysis of Federal Election Commission records indicates Musk has donated more than $445 million to Republican political groups this cycle. More than $165 million of that sum went to America PAC since July. This makes Musk the largest known individual donor in the current midterms. The PAC declined to comment on the filings.

Musk, whose companies Tesla and SpaceX have operations in Texas, has also engaged in the race through social media. On Wednesday, he posted on X that there is something deeply wrong with Talarico. He called the candidate a creep and claimed Talarico would vote to take away children. Talarico responded by saying the system allows a trillionaire to buy his own senator. An Emerson College poll conducted October 17 to 19 shows Talarico at 48 percent and Paxton at 46 percent among likely voters.

Political analysts note that Democratic control of the House could trigger investigations into Musk's role in the Department of Government Efficiency and his company's federal contracts. Representatives Sam Liccardo, Jimmy Panetta, and Ro Khanna sent a letter to the White House stating that the next Congress will scrutinize federal funding awarded to Musk's businesses.