Billions in the American Congress race, Musk among the main donors

Billions in the American Congress race, Musk among the main donors

Billions in the American Congress race, Musk among the main donors

The mid-term election campaign in the United States is expected to be the most expensive in history, at an estimated $1.9 billion.

According to the independent OpenSecrets organization, which monitors the financing of political campaigns, this amount is about 30 percent higher than the average election spending in 2022, writes. BBC.

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Federal Election Commission ( The FEC, until mid – October, shows that over $9.5 billion has already been spent. More than half of that amount, about $5.5 billion, comes from political committees and so-called Super. PACE, which may accept unlimited contributions from individuals and organisations to support candidates.

The billionaire Elon Musk is the largest individual donor to the campaign, with nearly $500m donated mainly to the republican candidates.

Much of his money is directed towards the Texas Senate race, where Republican candidate Ken Paxton faces Democrat James Talarico.

Among the other major donors are funders George Soros, former New York leader Michael Bloomberg, as well as billionaires Jeff Yass and Elizabeth Wihley.

Much of the campaign spending goes to political advertising, especially on television, while more and more tools are being directed toward digital advertising.

The mid-term US elections are held on November 3, 2026, and are expected to determine the new composition of the US Congress.

Source Layer: Dukeagini

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