Top 50 donors in the 2026 U.S. midterms collectively contributed over $2.77 billion, with crypto institutions such as Coinbase and Ripple ranking among the top.

October 27 — According to a Washington Post analysis of Federal Election Commission (FEC) filings as of that date, the top 50 donors in the 2026 U.S. midterm election cycle have collectively contributed approximately $2.77 billion. Tesla and SpaceX CEO Elon Musk ranks first among individual donors with about $446 million, setting a new record for individual political donations in modern American politics. The funds primarily flowed to his supported America PAC (approximately $216 million), the Senate Leadership Fund ($168 million), and the Congressional Leadership Fund ($30 million), among other Republican-aligned groups.

By leaning, Republican-side donations totaled approximately $1.67 billion, Democratic-side approximately $832 million, and cross-party and special interest groups approximately $264 million. Crypto and tech-related contributors also entered the top ranks: a16z co-founders Marc Andreessen and Ben Horowitz contributed a combined approximately $92.2 million (including approximately $23.8 million to Fairshake and $12 million to MAGA Inc.); Coinbase approximately $57.8 million (of which approximately $52.5 million to Fairshake); the Winklevoss brothers approximately $55.9 million; Ripple approximately $49.6 million ($48 million to Fairshake); crypto company Foris Dax approximately $39 million. Additionally, former New York City Mayor Mike Bloomberg donated approximately $84.2 million this cycle (approximately $60 million since September, primarily supporting House Democrats), and OpenAI President Greg Brockman and his wife contributed a combined approximately $50 million.

The Washington Post noted that most funds flowed to super PACs, which can accept unlimited contributions; the list will be updated on a rolling basis as FEC filings are submitted.