Musk pours $276 million into the midterms
Since July, Musk has poured more than $276 million into Republican groups and their super PACs. Of that, $158 million went to the Senate Leadership Fund and $76 million to his own America PAC. His federal donations for the 2025–26 cycle have now reached $366 million, topping the $290 million he gave over all of 2024.
Winning a Senate majority is the direct target of his bets this cycle. The crypto market structure bill is still stuck in the Senate Banking Committee, and whoever wins the majority in November will determine whether it can come to a vote next year. Policy expectations move first: $DOGE is most closely tied to Musk, while institutional money in $BTC and $ETH is also waiting for this signal to materialize.
For those holding , would you dare to add at this level above 0.2, or wait until the election results are in?
Since July, Musk has poured more than $276 million into Republican groups and their super PACs. Of that, $158 million went to the Senate Leadership Fund and $76 million to his own America PAC. His federal donations for the 2025–26 cycle have now reached $366 million, topping the $290 million he gave over all of 2024.
Winning a Senate majority is the direct target of his bets this cycle. The crypto market structure bill is still stuck in the Senate Banking Committee, and whoever wins the majority in November will determine whether it can come to a vote next year. Policy expectations move first: $DOGE is most closely tied to Musk, while institutional money in $BTC and $ETH is also waiting for this signal to materialize.
For those holding , would you dare to add at this level above 0.2, or wait until the election results are in?