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Tech billionaires pour record sums into GOP races as data center backlash grows

Wealthy tech investors are spending unprecedented amounts on Republican candidates to counter rising public opposition to data centers ahead of the midterms.

This midterm season has seen corporate political donations climb to a record $646 million, a 40% increase over the 2024 presidential cycle, with tech-related firms contributing the majority. The money is flowing overwhelmingly to Republican candidates, as donors aim to block a potential wave of tech-accountability legislation that could emerge if Democrats regain the White House. Notable contributions include $200 million from Elon Musk in Texas, over $115 million from Marc Andreessen and Ben Horowitz, nearly $94 million from Jeff Yass, and $50 million from OpenAI founders Greg and Anna Brockman, much of it directed to Trump-aligned super PACs.

Public opposition to data centers is high, with a Gallup poll showing 71 % of Americans against them in their communities, prompting governors like Josh Shapiro, Kathy Hochul and Greg Abbott to place obstacles to new construction. The spending surge signals tech oligarchs’ anxiety about growing grassroots power and their willingness to bankroll political influence to protect their interests.

Why it matters

Massive tech spending could shape election outcomes and influence future regulation of data centers and related industries.

In this story

tech spendingmidterm electionsdata centersdark moneyRepublican donorsAI industrycryptocurrencyonline gamblingpublic oppositionregulation
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