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PoliticsUS midterm campaign spending set to hit record, with Musk spending nearly $500m

The campaign finance watchdog Open Secrets estimates that the US midterms will cost nearly $12bn, a record. Elon Musk has spent almost $500m backing Republican candidates, while outside political groups have spent about $5.5bn. Ripple and Coinbase together gave $63m to super PACs promoting the crypto industry’s interests.

US midtermscampaign financeElon Musksuper PACs

People in this report Elon Musk

BBBC Chinese★★★☆☆2026-11-03 04:59Original

US midterm campaign spending set to hit record, with Musk spending nearly $500m
US midterm campaign spending set to hit record, with Musk spending nearly $500mPolitics