Who funds Lone Star Rising PAC?

Its biggest reported donors in the 2026 cycle were Reid Hoffman ($17M), Michael Bloomberg ($2.5M), Christian Larsen ($1.8M), Susan Sarofim ($1.5M), American Opportunities Action ($1.2M), out of $35M received from donors tracked here.

Which candidates did Lone Star Rising PAC spend the most on in 2026?

against Ken Paxton (Texas Senate, $31M, won); for James Talarico (Texas Senate, $4.5M, won); against Jasmine Crockett (Texas Senate, $4.5M, unknown).

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Outside spender

Lone Star Rising PAC

FEC committee C00918268

Backed winners

Lone Star Rising PAC spent $44M on independent expenditures in the 2026 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 100% were on the winning side ($40M won, $0 lost). $4.5M had no matched result and is excluded.

Outside spending

$44M

Winning share of scored dollars

100%

$40M scored (90% of spending); $4.5M unknown

On the losing side

Supporting vs attacking

19% / 81%

$8.5M for, $36M against

Google says Lone Star Rising PAC also spent $7.0M on Google and YouTube ads this cycle (16% of its FEC-reported outside spending). All ad buyers →

Follow the money

Who filled the envelope

The donor records in this snapshot trace $35M to Lone Star Rising PAC. This is incomplete funding coverage; percentages below refer only to these traced gifts. The allocation denominator is $44M.

All big donors →

Reid HoffmanIndividual$17M (47%)
Michael BloombergIndividual$2.5M (7%)
Christian LarsenIndividual$1.8M (5%)
Susan SarofimIndividual$1.5M (4%)
American Opportunities ActionCompany / nonprofit$1.2M (3%)
Rory GatesIndividual$1.0M (3%)
Reed HastingsIndividual$1.0M (3%)
Thomas J Henry Law PllcCompany / nonprofit$1.0M (3%)
America VotesCompany / nonprofit$900K (3%)
John PritzkerIndividual$750K (2%)

The people behind it

The people giving to Lone Star Rising PAC

160 named people gave $32M in itemized gifts this cycle. These are the biggest 25. Committees must name anyone who gives more than $200 in a year; smaller gifts are reported only as a lump sum, and money from companies, unions and other groups is not in this list.

Reid HoffmanPartner · Greylock Partners · WA$17M4 gifts
Michael BloombergFounder · Bloomberg LP · NY$2.5M
Christian LarsenCEO · Ripple · CA$1.8M3 gifts
Susan SarofimPhilanthropist · TX$1.5M5 gifts
Rory GatesAnalyst · Afghan War Commission · DC$1.0M
Reed HastingsChairman · Netflix · CA$1.0M
John PritzkerPresident · Aperture Group LLC · CA$750K2 gifts
Simone CoxeNot Employed · TX$500K2 gifts
Don HenleyRecording Artist · VA$500K5 gifts
Stephen MandelFounder · Lone Pine Capital · CT$500K

Show 15 more

Lisa PrimusPhysician · NY$500K
Gwendolyn SontheimInvestor · CA$500K
Gus DwairyRancher · TX$350K3 gifts
Amos HostetterChairman · Pilot House Association · MA$250K
Gail FedericiNot Employed · CT$250K
Martha KarshNot Employed · CA$250K
David GochmanCEO · Academy Store · FL$200K2 gifts
Adam PritzkerEntrepreneur · CA$180K
Peter KellnerNot Employed · MA$110K2 gifts
Mark JacobsenBanking Services · Intrafi · FL$100K
Mark HeisingFounder/Managing Director · Medley Partners LLC · CA$100K
William HarrisRetired · MA$100K
Glen MorganAttorney · Reaud, Morgan & Quinn · TX$100K
Jay PritzkerGovernor · State of Illinois · IL$100K
Nicholas RowleyAttorney · Trial Lawyers for Justice · IA$100K

Names, employers and occupations are as the committee reported them to the FEC. People with the same name in the same state are counted as one person. Federal law bars using these names to ask for money or for any commercial purpose.

Where the money went

Biggest targets, with whether each one won.

✓ Backed the winner or attacked the loser ✗ Backed the loser or attacked the winner Race not called yet Result not matched

Candidate	Race	Spending	Amount	Won?
Ken Paxton	Texas Senate	Attacking	$31M	✓ Yes
James Talarico	Texas Senate	Supporting	$4.5M	✓ Yes
Jasmine Crockett	Texas Senate (primary)	Attacking	$4.5M	Unknown
James Talarico	Texas Senate (primary)	Supporting	$4.0M	✓ Yes
Bobby Pulido	Texas 15th District (primary)	Supporting	$1K	✓ Yes
Vicente Gonzalez	Texas 34th District (primary)	Supporting	$1K	✓ Yes

Questions people ask

How much did Lone Star Rising PAC spend in 2026, and did it win?: Lone Star Rising PAC spent $44M on independent expenditures in the 2026 federal elections, and 100% of it helped Democrats (FEC filings with varying coverage dates; the most common larger-campaign cutoff is Oct 14, 2026). Among dollars with a matched election-stage result, 100% were on the winning side ($40M won, $0 lost). $4.5M had no matched result and is excluded.
Who funds Lone Star Rising PAC?: Its biggest reported donors in the 2026 cycle were Reid Hoffman ($17M), Michael Bloomberg ($2.5M), Christian Larsen ($1.8M), Susan Sarofim ($1.5M), American Opportunities Action ($1.2M), out of $35M received from donors tracked here.
Which candidates did Lone Star Rising PAC spend the most on in 2026?: against Ken Paxton (Texas Senate, $31M, won); for James Talarico (Texas Senate, $4.5M, won); against Jasmine Crockett (Texas Senate, $4.5M, unknown).