MAGA Inc. enters the 2026 midterm elections with nearly $300 million ready to deploy for Republican candidates.
The pro-Trump super PAC filed its latest campaign finance disclosure with the Federal Election Commission on Thursday. The filing shows MAGA Inc. held $294 million in cash on hand as of Dec. 22, 2025.
The group raised $102 million between July 1 and Dec. 22, adding to the $196 million it reported at the start of that period. (RELATED: Senate Overwhelmingly Confirms Elon Musk Ally Whose Nomination Trump Had Withdrawn)
Three donors accounted for more than half of the fundraising haul, according to the FEC document. OpenAI co-founder Greg Brockman gave $25 million in September. Foris DAX Inc., the company behind Crypto.com, contributed $20 million. Private equity investor Konstantin Sokolov added $11 million.
Looking back on AI progress in 2025: people are increasingly weighing how AI should fit into our lives and how vital it is for the United States to lead in its development. Being pro-AI does not mean being anti-regulation. It means being thoughtful — crafting policies that secure…
— Greg Brockman (@gdb) December 31, 2025
A MAGA Inc. spokesperson told the New York Post the group finished 2025 with $304.3 million in reserves.
“Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda of securing our border, keeping our streets safe, supercharging our economy, and making life more affordable for all Americans,” the spokesperson said.
Other notable contributors include Blackstone CEO Stephen Schwarzman at $5 million, e-cigarette manufacturer Juul Labs at $1 million and NASA Administrator Jared Isaacman at $1 million, according to CNN.
The filing came after MAGA Inc. spent $1.7 million backing Republican Matt Van Epps in Tennessee‘s 7th District special election last month, NBC News reported. Van Epps won by 9 points in a district Trump carried by 22 in 2024.