ARTHUR HERMAN: Musk and others prove that this election cash is king. Will it be enough?

What lit a fire under billionaire SpaceX CEO Elon Musk this midterm cycle?

Hes given more than $445 million to Republican candidates and causes this year, making him the single biggest disclosed donor in the 2026 midterms — and the biggest single donor in a midterm cycle ever.

According to the most recent data, hes given:

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All this makes the $288 million Musk gave to help elect President Donald Trump and Republicans in 2024 look miserly.

Why so much more? Because Musk realizes that keeping the Republican majority in Congress has become crucial to Americas secure and prosperous future.

On his social media platform, Musk shared a post last week agreeing that Democrats "must lose" the midterms. Critics claim hes doing this because he fears investigations by a Democrat-controlled Congress. The truth is, he understands what it takes to build a strong America, and what threatens to tear it down.

Hes not alone. Hes been joined by other tech and financial billionaires who are spending tens of millions to protect Americas future from the Democrats.

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Tech entrepreneurs and venture capital giants Marc Andreessen and Ben Horowitz are major contributors to Trumps MAGA, Inc.

Citadels Ken Griffin has spent at least $40 million to support Republican candidates.

Blackstone CEO Steve Schwarzman and his wife Christine have put up almost $32 million to Republican-affiliated political organizations and Super PACs this election cycle.

Its not just tech billionaires whove opened their wallets to the GOP. Uline founders Elizabeth and Richard Uihlein have reportedly put up $124 million for their own Restoration of America PAC, and roofing company ABC Supply Chairman Diane Hendricks has given $25 million to MAGA, Inc.

In 2025, we saw the denizens of Americas high-tech sector — Amazon founder Jeff Bezos, Meta CEO Mark Zuckerberg, Apples Tim Cook, and key Google executives — paying out millions for Trumps inauguration festivities. Bezos, Cook, Zuckerberg and OpenAIs Sam Altman even attended the inauguration in person — as did Elon Musk.

What did they understand about Trump and the GOP that the media didnt?

This midterm cycle, according to The Washington Post, total Republican-leaning mega-donors have contributed $1.7 billion this cycle with Musk leading the way, compared to $832 million from Democratic-leaning givers.

Critics dismiss these donors as superrich oligarchs and robber barons trying to protect their ill-gotten money. Critics are wrong, tragically wrong. The truth is, the key stewards of our private sector economy are taking bold action to protect Americas future.

Thats because they see two possible paths to the future, and only two. One makes America strong, prosperous and secure, with tax cuts, investment, energy dominance and a strong, unequaled military.

One d