Trump’s Super PAC Amasses $294 Million for Midterm Elections

A super PAC closely aligned with former President Donald Trump has successfully raised over $102 million in the latter half of 2025, accumulating a staggering $294 million in cash reserves. This financial boost positions the political action committee, MAGA Inc., to play a significant role in shaping the upcoming midterm elections, as revealed in recently filed records with the Federal Election Commission.

The substantial funds raised by MAGA Inc. highlight the impressive fundraising capabilities of a president who, while unable to seek another term, has attracted considerable financial support from individuals and companies with vested interests in his administration. This support has surged since he returned to the national political stage.

Among the notable contributions, Greg Brockman, the co-founder of OpenAI, donated $25 million in September 2025. His donation represented nearly 25% of the total funds raised by MAGA Inc. during the period spanning from July 1 to December 22, as detailed in the FEC filing. Under Trump’s leadership, he has positioned himself as a proponent of the burgeoning artificial intelligence sector, advocating for an environment conducive to innovation.

In a recent post on X, Brockman expressed his increased political engagement, emphasizing his support for policies that foster American innovation and promote constructive dialogue between the government and the tech industry. He commended Trump for his proactive approach to engaging with the AI community and for adopting a growth-focused perspective on emerging technologies.

The White House has referred inquiries regarding donations to MAGA Inc. to the organization itself. CNN has sought additional comments from a spokesperson associated with the super PAC.

Other significant donors during the latter half of 2025 included Juul Labs, which contributed $1 million, and tech billionaire Jared Isaacman, who recently took on the role of NASA’s new administrator. Isaacman also donated $1 million in September, totaling $2 million in contributions to MAGA Inc. for the year, according to federal records.

Additionally, prominent Republican donor Stephen Schwarzman, CEO of global investment firm Blackstone, contributed $5 million to MAGA Inc. last month. Schwarzman has also backed Trump’s ballroom project at the White House, which is projected to cost around $400 million.

As the midterm elections approach, the financial muscle of MAGA Inc. underscores the influence of major donors and the continued prominence of Trump in American politics, despite his inability to run for president again. The substantial cash reserves provide the super PAC with significant leverage to support candidates aligned with his agenda.