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Most of Ken Paxton’s Money Can Be Traced to One Man: Elon Musk
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By The New York Times
Published 1 hour ago on
October 16, 2026

Texas Attorney General Ken Paxton, candidate for U.S. Senate, speaks during the Republican National Midterm Convention in Dallas, Texas, U.S., September 9, 2026. REUTERS/Jessica Koscielniak

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If Ken Paxton wins in Texas, he may have Elon Musk to thank.

Musk, the world’s richest person and a Texas resident who has major business interests in the state, sent $158 million in September to a super political action committee that immediately flipped that much money to a group backing Paxton’s Senate bid, according to campaign-finance filings released Thursday.

The donations from Musk, collectively some of the biggest ever recorded in American politics, have allowed Paxton to remain financially competitive even as he is vastly outraised by his Democratic opponent, James Talarico. Republicans in Texas have grown increasingly worried about the race, one of this year’s most expensive and high-profile contests, fearful of losing a statewide election in Texas for the first time in more than three decades.

Musk sent the money to Senate Republicans’ top super PAC, the Senate Leadership Fund, in donations of $75 million on Sept. 9 and $83 million on Sept. 23. Each time, the very next day, the super PAC cut a check of the same amount to Texas PAC, a group that the Senate Leadership Fund had set up to support Paxton.

The money sent to the Texas group was not necessarily Musk’s, and super PAC officials have said publicly that they were seeking new donations to finance a pro-Paxton operation. But without Musk’s historic donations, it’s unlikely that such a large amount would have flowed Paxton’s way.

Rarely has an individual donor been effectively tied to such a large commitment for a single candidate.

The New York Times reported Monday about Musk’s contributions to the Senate Leadership Fund and how they could end up helping Paxton, but the campaign filings offered more detail on the choreography of Musk’s donations.

Musk also donated $10 million to a separate pro-Paxton super PAC, money that allowed the group to start running television ads in late August. Musk, who lives in Austin, and Paxton, who as the state attorney general regulates Musk’s businesses in Texas, have been allies in state politics.

Musk has not shown much enthusiasm in public or private about any midterm candidates, rarely posting on X, his social media site, about Republican nominees. But in recent days, he has posted negatively multiple times about Talarico.

On the campaign trail, Talarico has criticized the political influence of billionaires such as Musk.

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This article originally appeared in The New York Times.

By Theodore Schleifer
c. 2026 The New York Times Company

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