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

- Source: World News, Today World News, Latest International News, World Breaking News, Trending News of World - Times of India
- Published: 2026-11-03T04:54:31+00:00
- Category: Local
- Original: https://timesofindia.indiatimes.com/world/us/us-mid-term-elections/news/12-billion-battle-for-us-congress-musk-soros-and-other-billionaires-pour-in-cash/articleshow/135482537.cms
- Canonical: https://groundlevelnews.com/story/record-2026-campaign-spending-billionaires-crypto-fuel-11-9bn-us-midte-39df94/

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 influence over financing, with billionaire Elon Musk standing out as the top donor, having contributed nearly $500 million to Republican candidates.

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