Veytics Intelligence
2026-10-16 · CNBC

5 midterm money takeaways: Democrats have candidate cash. Republicans have Elon Musk

One of the last big campaign-finance snapshots before the Nov. 3 Election Day is now available, and both political parties found something to like. But campaign cash is flowing in very different ways — and, on balance, points to an environment more favorable for Democrats. On one side, Democratic candidates have turned into absolute cash cows, raising oodles more than their Republican rivals across Senate and House battlegrounds. Republicans, however, still have a leg to stand on from an unprecedented flood of outside super PAC cash , bankrolled by a tiny circle of billionaires led by Tesla and SpaceX CEO Elon Musk .

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