Trump’s Super PAC Amasses Over $300 Million Ahead of Midterms
In an impressive display of fundraising prowess, President Donald Trump’s primary super PAC, MAGA Inc., has raked in over $102 million during the second half of 2025 alone, significantly boosting its financial arsenal as the midterm elections approach.
This staggering amount, paired with even more robust fundraising efforts in the year’s first half and a frugal spending strategy throughout 2025, positions MAGA Inc. with roughly $300 million in cash reserves. Such financial muscle will undoubtedly empower Trump’s allies to exert considerable influence in the upcoming midterms.
The most recent disclosures, detailed in a Federal Election Commission filing covering data through December 22, reveal that MAGA Inc. boasts an impressive $294 million on hand. However, a spokesperson for the PAC claims the total is slightly higher at $304 million.
“Thanks to President Trump’s leadership, MAGA Inc. is equipped with the resources to support candidates committed to President Trump’s America First agenda, which emphasizes border security, public safety, economic revitalization, and making life more affordable for all Americans,” the organization stated.
It’s important to note that this $300 million figure is just the tip of the iceberg. Additional PACs aligned with Trump are also actively fundraising, adding to the considerable financial cache that Republicans across the nation will likely tap into as they strive to maintain their majorities in Congress in November.
MAGA Inc. has already made its mark this year with independent expenditures, notably supporting Rep. Matt Van Epps, who recently triumphed in a contentious special election for Tennessee’s 7th District. To secure Van Epps’ victory over Democrat Aftyn Behn—a district Trump carried by a hefty 22 points in 2024—the super PAC invested $1.6 million.
As a super PAC, MAGA Inc. is not bound by donation limits, attracting contributions from a diverse array of donors, including prominent figures in the artificial intelligence and cryptocurrency sectors. For instance, OpenAI’s President Greg Brockman generously donated $25 million, while Foris DAX Inc.—the U.S. branch of the Crypto.com operator—contributed $20 million, on top of an earlier $10 million in 2025.
Other notable contributions include $11 million from private equity investor Konstantin Sokolov and $2 million from NASA Administrator Jared Isaacman, who secured his position despite a bumpy nomination process that included Trump withdrawing his nomination before reinstating it. Isaacman contributed $1 million in the second half of the year alone.
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