MAGA Inc. super PAC has $294 million cash on hand for 2026 midterms
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A super PAC aligned with President Donald Trump has nearly $300 million in its war chest heading into the 2026 midterm elections, according to records filed with the Federal Election Commission (FEC) on Thursday.
MAGA Inc. reported having $294 million in cash on hand in its latest campaign finance disclosure, and the super PAC said it would be used to support candidates aligned with the president’s agenda.
According to the New York Post, a MAGA Inc. “Thanks to President Trump’s leadership, MAGA Inc. will have the resources to assist candidates who support President Trump’s America First agenda to secure our borders, keep our streets safe, strengthen our economy, and make life more affordable for all Americans,” its spokesperson said in a statement. he said.
The super PAC has raised $102 million in the second half of 2025, including 25 donations of at least $1 million.
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Crowds react as President Donald Trump delivers economic remarks at the Mount Airy Casino Resort in Mount Pocono, Pennsylvania, on Tuesday, Dec. 9, 2025. (Molly Riley/Official White House Photo)
The largest contribution came from OpenAI president and co-founder Greg Brockman, who donated $25 million in September.
Brockman said in a post on
The fundraiser took place even though Trump wasn’t on the ballot this year; This underscores the super PAC’s focus on supporting Republicans in future races.
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President Donald Trump smiles during Turning Point USA AmericaFest at the Phoenix Convention Center on December 22, 2024 in Phoenix, Arizona. (Rebecca Noble/Getty Images)
MAGA Inc. has not played a major role in the 2022 midterms, opting instead to save its money for Trump’s 2024 campaign.
The super PAC spent $456 million to support Trump’s bid to return to the White House, according to OpenSecrets, a nonprofit that tracks campaign finance data.
In November, MAGA Inc. ran ads supporting Republican candidate Matt Van Epps, who was backed by Trump and defeated Democrat Aftyn Behn in the Tennessee congressional race.
Elon Musk, billionaire technology entrepreneur and chief executive of SpaceX and Tesla, has signaled that he is open to supporting Republican candidates in the midterms.
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Billionaire entrepreneur Elon Musk stated that he may support Republican candidates in the upcoming midterm elections. (BRENDAN SMIALOWSKI/AFP via Getty Images)
“If the radical left wins, America will be angry,” he posted on X on Thursday. “They will open the doors to illegal immigration and fraud.”
Fox News Digital’s Paul Steinhauser contributed to this report.
