Friday, 16 October 2026 Updated 39 min ago
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Elon Musk helps GOP Senate super PAC raise record $273 million

Elon Musk gave a record $158 million to the GOP’s Senate Leadership Fund, boosting its war chest as Republicans pour money into Texas to defend Ken Paxton.

CNBC reports: Elon Musk gave a record $158 million to the GOP’s Senate Leadership Fund, boosting its war chest as Republicans pour money into Texas to defend Ken Paxton.

This business story centres on the United States. Names and organisations mentioned in the coverage include Elon Musk, GOP Senate and PAC.

Why it matters

Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.

Key details

Location
United States · Americas
Reported by
CNBC
First reported
Key names
Elon Musk, GOP Senate, PAC, GOP’s Senate Leadership Fund
Section
Business

Sources

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