Cryptocurrency, online betting, and Big Tech interests have contributed $391 million, while just Trump’s MAGA Inc super PAC alone has received 19% of reported corporate giving

Corporate political spending in the 2026 midterm elections has reached approximately $737 million, a 60 percent increase from what was spent on the 2024 presidential election, according to newly filed federal campaign finance data analyzed by Public Citizen. Spending this cycle accounts for 40 percent of the $1.8 billion corporations have spent on federal elections since the Supreme Court’s 2010 Citizens United decision.

Cryptocurrency, online betting, and Big Tech interests — including companies involved in AI and data centers — have collectively contributed $391 million toward the 2026 elections. This accounts for more than half of corporate political spending reported this cycle.

Corporate political spending has grown substantially since Citizens United. Corporations contributed $12.8 million during the 2010 election cycle, $84.9 million in 2012, and $117.9 million in 2016. The current cycle’s $737.3 million total underscores the scale of corporate spending in federal elections.