Billionaires and Crypto Firms Drive Record-Breaking Spending in US Midterm Elections

World News

Billionaires and Crypto Firms Drive Record-Breaking Spending in US Midterm Elections

From Musk's $500 Million To Soros's $102 Million: How Billionaires Are Bankrolling The US Midterms

11/03/2026

According to OpenSecrets, total spending on the 2026 US midterms is projected to reach $11.9 billion, around 30% higher than the previous midterm record set in 2022.

The Times Of India

Record 2026 Campaign Spending: Billionaires, crypto fuel $11.9bn US midterms; TV ads dominate

11/03/2026

The 2026 midterm elections in the U.S. are on track to raise a staggering $12 billion, marking the most expensive campaign in history. Wealthy individuals and corporations wield increasing...

NEWS18

Elon Musk Donates Nearly Twice What George Soros Gave In 47 Years In US Midterms

11/03/2026

Elon Musk has donated around $445.6 million to Republican political causes in the current election cycle, making him the biggest donor in the 2026 midterms.

BBC

US midterms campaign 'shattering' spending records to be most expensive ever

11/02/2026

The 2026 campaign is projected to cost nearly $12bn - BBC Verify looks into where all that money has come from.

CNBC-TV18

Why crypto firms and billionaires are pouring billions into US midterm elections

11/02/2026

The 2026 US midterm elections are on track to become the most expensive election in American history, with projected spending of $11.9 billion. The crypto industry has emerged as a major...

Coverage dates

First reported: 02 Nov 2026, 16:35 UTC

First saved on ClustZ: 03 Nov 2026, 09:24 UTC

Coverage updated: 03 Nov 2026, 09:24 UTC

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