Elon Musk donates over $150 million to Senate GOP group, assisting Ken Paxton
October 15, 2026 / 9:22 PM EDT / CBS News
TL;DR
- Elon Musk donated $158 million to the main super PAC supporting Senate Republicans.
- The funds were almost immediately transferred to a group supporting GOP Texas Senate candidate Ken Paxton.
- Musk's donations comprised over half of the super PAC's total receipts for the third quarter.
- The Senate Leadership Fund PAC disbursed the full amounts to Texas PAC, which is spending heavily on the Texas Senate contest.
- Musk also donated over $80 million to his own group, America PAC, which supported various competitive congressional races.
- The race in Texas is considered tight, and a loss for Paxton could significantly impact Republican efforts to hold the Senate.
- America PAC spokesperson stated the investments are to help Republicans 'defy history' against potential Democratic control.