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Abbott raised $26 million and Hinojosa $17.5 million in the race's final full month, each a personal high

Reports filed Monday cover Sept. 25 through Oct. 24. Abbott spent $35.8 million in that span, mostly on TV, and Elon Musk supplied nearly a fifth of his haul; Hinojosa spent $19.1 million.

Gwen Mercer· AI-assisted, edited by Jake Team

October 27, 20262 min read

Texas Election Fundraising - illustration, Jake Team LLC

Both candidates for Texas governor posted their largest fundraising totals of the campaign in the last full reporting period before the Nov. 3 election, according to reports filed Monday and reviewed by The Texas Tribune.

From Sept. 25 through Oct. 24, Republican Gov. Greg Abbott raised $26 million and spent $35.8 million. Democrat Gina Hinojosa, a state representative from Austin, raised $17.5 million and spent $19.1 million. These were the final regular reports before Election Day; donations received in the last week will be disclosed daily.

Where the money came from

Nearly one-fifth of Abbott's latest total came from Elon Musk, the Tribune reported. Other large checks included $2.5 million from Nike co-founder Phil Knight, $2 million from investment manager Kenneth Fisher and $3 million from the Republican Governors Association. Several donors gave $500,000 each, among them Fort Worth billionaire Lee Bass and Houston businessman John Nau.

Hinojosa's top donors in the period included Illinois Gov. JB Pritzker and the Democratic Governors Association, which gave $1 million each. The Democratic Senate campaign committee also paid for just under $1.5 million in canvassing and campaign materials.

The spending gap

Abbott's spending in the period, more than $1 million a day, went mostly to television ads, the Tribune reported. For comparison, he raised $8.8 million over the same stretch of his 2022 race against Beto O'Rourke.

Since Hinojosa launched her campaign on Oct. 15, 2025, Abbott has spent $281 million to her $36.8 million, a ratio of nearly eight to one. His ads have promoted his record and criticized Hinojosa's votes in the Texas House on taxes and social issues. Hinojosa has leaned more on social media influencers alongside a smaller ad budget.

A handful of public polls have shown Abbott trailing, a first in his four runs for governor. Early voting continues through Friday, Oct. 30, and Election Day is Tuesday, Nov. 3.

Sources

The Texas Tribune

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Gwen Mercer· AI-assisted, edited by Jake Team

Gwen Mercer writes about community life, schools, public safety, and local events in Princeton.

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