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The super PAC associated with President Donald Trump has nearly $300 million in its chest for the 2026 midterms, according to records filed with the Federal Election Commission (FEC) on Thursday.
MAGA Inc. reported $294 million in its most recent campaign finance disclosures, the super PAC said it would be used to support candidates aligned with the president’s agenda.
“Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda to secure our border, keep our roads safe, fuel our economy, and make life easier for all Americans,” said a MAGA Inc. spokesperson. in a statement, according to the New York Post.
The super PAC raised $102 million in the second quarter of 2025, including 25 contributions of at least $1 million.
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Crowds react as President Donald Trump delivers his economic speech at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, Tuesday, Dec. 9, 2025. (Molly Riley/Official White House Photo)
The biggest donation came from OpenAI president and founder Greg Brockman, who donated $25 million in September.
Brockman said in a post on X this week that he has been very active in politics in 2025, including political contributions that show “support for policies that advance American intelligence and constructive dialogue between government and the technology sector.”
The fundraising came despite Trump not being on the ballot this year, underscoring the super PAC’s focus on supporting Republicans in upcoming races.
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President Donald Trump smiles during Turning Point USA’s AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. (Rebecca Noble/Getty Images)
MAGA Inc. did not play a significant role during the 2022 terms, choosing to save its money for Trump’s 2024 campaign.
The super PAC spent $456 million supporting Trump’s bid to return to the White House, according to OpenSecrets, a nonprofit that tracks campaign finance data.
MAGA Inc. ran ads in November supporting Republican candidate Matt Van Epps, who was endorsed by Trump and went on to defeat Democrat Aftyn Behn in the Tennessee congressional race.
Elon Musk, the billionaire tech entrepreneur and CEO of SpaceX and Tesla, has signed an open endorsement of Republican candidates in the midterms.
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Billionaire entrepreneur Elon Musk has indicated that he may support Republican candidates in the upcoming midterm elections. (BRENDAN SMIALOWSKI/AFP via Getty Images)
“America is famous when the radical left wins,” he wrote in X on Thursday. “They will open the floodgates of illegal immigration and fraud.”
Fox News Digital’s Paul Steinhauser contributed to this report.
