Andreessen Horowitz, a powerful Silicon Valley venture capital firm co-founded by Marc Andreessen and Ben Horowitz, is so far the top dollar contributor in the 2026 midterm election cycle, beating out billionaires George Soros and Elon Musk.
The New York Times reported Wednesday Andreessen Horowitz has funneled over $115 million to midterm election efforts, making the company the highest known political contributor. Soros, the liberal billionaire and longtime Democratic donor, has so far reportedly contributed nearly $103 million, followed by MAGA ally Elon Musk at $85 million. (RELATED: Trump’s New EO Gives Silicon Valley Overlords A Get-Out-Of-Jail-Free Card)
Since November 2024, Andreessen Horowitz has pumped $47.5 million into Fairshake, a cryptocurrency super PAC, The Times reported. The company also helped found a super PAC that boosts pro-AI lawmakers, Leading the Future, donating $50 million. Both super PAC networks back Republicans and Democrats, according to The Times.
LOS ANGELES, CALIFORNIA – APRIL 13: (L-R) Marc Andreessen, Kris Jenner, Paula Hurd, Bill Gates, Kim Kardashian, Julia Milner, and Laura Arrillaga-Andreessen attend the 10th Breakthrough Prize Ceremony at the Academy of Motion Picture Arts and Sciences on April 13, 2024 in Los Angeles, California. (Photo by Tommaso Boddi/Getty Images for Breakthrough Prize)
Additionally, Andreessen Horowitz and its co-founders have contributed $12 million to President Donald Trump’s super PAC, MAGA Inc., and made another donation of $6 million in March, The Times reported.
Andreessen has maintained close ties with the Trump White House. He helped Trump’s transition team after the 2024 election, was an informal advisor to the Department of Government Efficiency (DOGE), and in March, became a member of the White House tech council, according to The Times.
Both Andreessen and Horowitz have previously called themselves “single-issue voters” who support and vote for a candidate solely for how he or she will affect Silicon Valley start ups, the Times reported.
The expansion of data centers and AI has emerged as a heated political issue, poised to influence the 2026 midterm elections. One poll from February indicated that Americans remain divided on the ultimate impact of these facilities. A new Gallup poll found that 7 out of 10 Americans oppose data centers being built in their communities. (RELATED: Midterm Issue Exploding Into Full View All Across America)
Meanwhile, a highly active segment of the public is successfully opposing tech projects and fueling significant local pushback.