- MAGA Inc. reported $304 million in cash reserves following $102 million fundraising haul in second half of 2025
- OpenAI co-founder Greg Brockman contributed $25 million, largest single donation in six-month period
- Three donors from tech and finance sectors accounted for more than half of total funds raised
WASHINGTON (TDR) — President Donald Trump‘s super PAC entered 2026 with $304 million in cash reserves, positioning the political committee as a dominant force in the midterm elections following a $102 million fundraising surge powered by major contributions from the artificial intelligence and cryptocurrency sectors, according to Federal Election Commission filings released Thursday.
The massive stockpile underscores the continued financial clout of a term-limited president who cannot seek reelection but has seen individuals and companies with interests before the government open their wallets to advance his agenda since returning to the White House.
Tech Sector Drives Fundraising
Three donors alone accounted for more than half of the funds MAGA Inc. raised between July and December, according to the FEC filing. OpenAI co-founder and President Greg Brockman contributed $25 million in September, the largest single donation during the six-month period.
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Brockman’s contribution accounted for nearly one-quarter of MAGA Inc.’s total fundraising haul. The donation came eight days after Brockman attended a White House dinner with Trump and other artificial intelligence executives on September 4.
“This year, my wife Anna and I started getting involved politically, including through political contributions, reflecting support for policies that advance American innovation and constructive dialogue between government and the technology sector.”
Foris DAX Inc., operator of the Crypto.com cryptocurrency exchange, donated $20 million to the super PAC. Private equity investor Konstantin Sokolov contributed $11 million, rounding out the top three donors who collectively provided $56 million.
AI Industry Alignment With Trump
Trump has emerged as a champion of the artificial intelligence industry and has pushed to accelerate innovation in the field. In December, the president issued an executive order blocking states from enforcing their own AI regulations, creating a unified federal framework that industry leaders had advocated for.
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OpenAI executives have argued that forcing companies to navigate a patchwork of competing state regulations would impede innovation. The executive order came three months after Brockman’s substantial donation to MAGA Inc.
Other tech sector donors to the super PAC included NASA Administrator Jared Isaacman, who contributed $1 million in September, bringing his total 2025 contributions to $2 million. E-cigarette maker Juul Labs donated $1 million during the reporting period.
Finance Industry Support
Republican mega-donor Stephen Schwarzman, CEO of global investment firm Blackstone, contributed $5 million to MAGA Inc. in December. The filing showed the super PAC received 25 donations of at least $1 million during the six-month reporting period, including $5 million contributions from venture capitalist Asha Jadeja and healthcare investor Benjamin Landa.
Unprecedented Midterm Resources
MAGA Inc.’s current cash reserves exceed the $243 million that the Congressional Leadership Fund, the main super PAC backing House Republicans, raised for the entire 2024 election cycle.
“Thanks to President Trump’s leadership, MAGA Inc will have the resources to help candidates who support President Trump’s America First agenda of securing our border, keeping our streets safe, supercharging our economy, and making life more affordable for all Americans.”
Will tech sector donations to MAGA Inc. shape federal AI regulation and give Silicon Valley unprecedented influence over government policy?
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