Even though billionaire Elon Musk is no longer in the White House with President Donald Trump, he is still actively helping Republicans.
On June 27, Musk donated $5 million to two major super PACs that support Republicans in the House and Senate. According to fresh campaign finance disclosures submitted on Thursday, Musk became the biggest individual contributor to both organizations in the first half of 2025.
On the same day, he sent $5 million to Trump’s super PAC, MAGA Inc.
In the meantime, Musk invested $45.3 million in his own super PAC during the first half of this year, according to other recent campaign finance disclosures. In addition to sending $27.4 million in in-kind donations, the tech tycoon handed the group close to $17.9 million. Musk also provided funding for million-dollar rewards for voters who signed petitions.
In the first half of the year, America PAC spent $47.3 million, including $15.5 million during the first week of April, when the organization was significantly involved in the Florida special House elections and the Wisconsin state Supreme Court elections on April 1.
In addition to spending a few million dollars on digital advertisements, mailers, and phone calls, the group reported spending $6 million on field operations and canvassing.
The full extent of Musk’s contributions in the first half of 2025 is still unknown because many other political organizations are exempt from disclosing their contributors, and super PACs will continue to submit fundraising reports to the Federal Election Commission on Thursday before a midnight filing deadline.
In the 2024 election, Musk donated over a quarter of a billion dollars, mostly to help Trump’s campaign.
The America PAC report on Thursday includes information on expenditures and fundraising from January 1 to June 30. It’s unclear if Musk’s July commitment to launch a new political party—which occurred after the time frame covered by the new report—had anything to do with his super PAC.
This comes after a CNN poll found that a majority of Americans want a third political party—just not one led by Elon Musk.
According to the survey, 63% of U.S. adults say they would support a new party fielding candidates in presidential and congressional elections to challenge both Democrats and Republicans.
Musk, the world’s richest man, announced on X this month that he would be launching a new political party known as the “America party.”
But according to the CNN survey, most Americans aren’t on board if Musk is going to lead it. “Just 25% of respondents said they would support a party led by Musk, while 74% said they would not,” MassLive reported, citing the results.
The results led CNN’s data analyst, Harry Enten, to declare on X: “Jeez Louise, Musk’s 3rd party looks close to dead on arrival.”
The CNN poll also showed Elon Musk’s favorability has taken a hit, with only 23% of respondents viewing him positively and 60% expressing an unfavorable opinion.
Conducted from July 10 to July 13 with a sample of 1,057 adults, the poll carries a margin of error of ±3.5%, MassLive noted.
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Details about the America Party’s platform remain unclear, and it’s uncertain whether the group will secure enough signatures to qualify for ballot access.
Trump has ridiculed Musk’s third-party effort, calling his former Department of Government Efficiency adviser a “train wreck.”
“He even wants to start a third political party, despite the fact that they have never succeeded in the United States,” Trump said on Truth Social this month. “The system seems not designed for them.”