Elon Musk makes major donations to help Republicans take back the Senate

Tesla CEO and X owner Elon Musk has made multi-million dollar donations to help Republicans win back the Senate in November, according to a report filed with the Federal Election Commission on Thursday.

Musk has emerged as a major voice for conservatives this election cycle, having aligned himself closely with former President Donald Trump. Musk, who purchased X (formerly Twitter) in 2022, gave Trump his social media account back shortly after buying it, and endorsed the former president in August.

The multi-billionaire donated $10 million to the Senate Leadership Fund on Oct 1, according to Politico, and $2.4 million to The Sentinel Action Fund, which is a super Political Action Committee (PAC) that has been promoting several GOP Senate candidates. The Senate Leadership Fund is connected to Senate Minority Leader Mitch McConnell. 

Republicans are hoping to keep control of the House and win back the Senate next month. They only need to flip two Senate seats in order to win the upper chamber. 

Musk also gave $300,000 to a group connected to the National Republican Congressional Committee in August. 

The money comes as the tech CEO builds his own super PAC called "America PAC," which has devoted its resources on canvassing operations for Trump. Musk has poured $75 million into the PAC. 

Musk is worth an estimated $269 billion as of Thursday, according to Forbes. The bulk of his finances comes from Tesla, where he owns 13% of the shares. But he also owns a good share of SpaceX, which is worth over $200 billion.

Misty Severi is an evening news reporter for Just The News. You can follow her on X for more coverage.