A super PAC associated with former President Donald Trump has raised over $102 million during the latter half of 2025, amassing a total cash reserve exceeding $294 million to influence the upcoming midterm elections, according to recently filed records with the Federal Election Commission. This substantial fundraising effort highlights Trump’s ongoing financial support despite his inability to seek another presidential term.
The super PAC, named MAGA Inc., has demonstrated an extraordinary fundraising pace, attracting contributions from various individuals and companies aligned with Trump’s agenda since his return to the political forefront. Notably, Greg Brockman, co-founder of OpenAI, made headlines by donating $25 million in September. His contribution accounted for nearly 25% of MAGA Inc.’s total fundraising from July 1 to December 22, as detailed in the filing.
AI Industry Support and Political Engagement
Trump has positioned himself as a proponent of the emerging artificial intelligence sector, advocating for accelerated innovation. Recently, he issued an executive order aimed at preventing states from implementing their own AI regulations. Industry leaders, including executives from OpenAI, contend that a fragmented regulatory environment could hinder technological progress.
Brockman conveyed his increased political involvement in a recent post on X, stating his intent to support policies that foster American innovation and facilitate productive dialogue between the technology sector and government. He commended Trump for his administration’s “willingness to engage directly with the AI community and approach emerging technology with a growth-focused mindset.”
Inquiries regarding donations to MAGA Inc. directed to the White House have not yet received a response. CNN has reached out to a spokesperson from the organization for further clarification.
Additional notable contributions during the latter half of 2025 include Juul Labs, which donated $1 million, and Jared Isaacman, recently appointed as NASA’s new administrator, who contributed a total of $2 million to MAGA Inc. last year. Furthermore, prominent Republican donor Stephen Schwarzman, CEO of the global investment firm Blackstone, provided an additional $5 million to support the super PAC last month.
The scale of financial backing for MAGA Inc. emphasizes the ongoing influence of Trump’s political presence and the significant resources being mobilized ahead of the midterm elections. The strategic accumulation of funds will likely play a critical role in shaping the electoral landscape as various candidates align themselves with the former president’s policies and vision.
