# Lone Star Rising PAC 4M Donor Block Q3 2026
Four people gave **$1,000,000.00 each** to [[Lone Star Rising PAC]], the super PAC spending against
[[Ken Paxton]] in [[TX-Sen-2026]], between August 20 and September 29, 2026. All four became public
at the same moment: on the committee's third-quarter Form 3X, file **2027513**, received
**October 15, 2026**.
Together they are **41.8%** of the $9,578,650.00 the committee raised in the quarter.
## Terms
| Contributor | Amount | Receipt date | Listed occupation / employer | FEC line |
|---|---|---|---|---|
| **[[Reed Hastings]]** | $1,000,000.00 | 2026-08-20 | Chairman, Netflix | SA11AI |
| **[[Susan Sarofim]]** | $1,000,000.00 | 2026-09-21 | Philanthropist, Houston TX | SA11AI |
| **[[Chris Larsen]]** | $1,000,000.00 | 2026-09-25 | CEO, Ripple | SA11AI |
| **Rory Gates** | $1,000,000.00 | 2026-09-29 | Analyst, Afghan War Commission | SA11AI |
| Item | Detail |
|---|---|
| Recipient | **Lone Star Rising PAC**, FEC **C00918268**, Fort Worth TX, registered 2025-09-02 |
| Treasurer | **Alexander Clark** |
| Disclosed | Form 3X (`F3XN`), file **2027513**, received **2026-10-15**, covering 2026-07-01 to 2026-09-30 |
| Line | **11(a)(i)** — itemised individual contributions, not transfers or other receipts |
| Why it's tracked | Four individual contributions of $1,000,000 or more |
Each contribution is an original, first-time disclosure: the dates fall inside the report's own
coverage period, so no earlier report could have carried them, and none is a memo entry restating
money counted elsewhere in the document.
## Who they are
- **[[Reed Hastings]]** co-founded Netflix and is its chairman. He has also sat on the board of
[[Anthropic]] since May 2025. This is the second Anthropic-connected seven-figure political
contribution this site has traced in 2026, after [[Dario Amodei]]'s $1,000,000.00 to
[[Public First]] — and unlike that one, it has nothing to do with AI policy.
- **[[Chris Larsen]]** co-founded [[Ripple]] and is the crypto industry's most prominent Democratic
megadonor; he gave more than $11.8 million to support Kamala Harris in 2024. He gave this
committee a further $250,000.00 on 2026-08-24, putting his cycle total at $1,750,000.00 on the
filing's own running column.
- **[[Susan Sarofim]]** of Houston is the one Texas resident in the group. She had already given
$200,000.00 in August, for a cycle total of $1,400,000.00.
- **Rory Gates** is listed on the filing as a Washington DC analyst at the Afghan War Commission.
Nothing further about him is established here, and this site does not identify him beyond what
the filing says.
## Why it matters
- **Three of the four largest donors to the anti-Paxton effort are not Texans.** Two are
California technology executives and one is in Washington; the Houston philanthropist is the
exception. In a race where the pro-Paxton side's single largest funder is also a transplant, the
most expensive Senate contest of the cycle is being paid for largely from outside the state.
- **It puts a second Anthropic board member in the political-money record.** The AI-safety side of
the industry has been visible in AI-policy giving; this is the same people turning up in an
ordinary partisan Senate race, which is a different and less-covered fact.
- **The money is dwarfed anyway.** [[Texas PAC]] alone has itemised $131,529,652.10 of independent
expenditure in this race. Four million dollars is the visible top of a committee whose entire
quarter was $13.8 million of advertising, against a Republican programme an order of magnitude
larger.
- **It surfaced on the busiest filing day of the cycle.** October 15 was the quarterly deadline,
when any single disclosure is hardest to see; the national coverage that day went to the
$158 million behind Paxton.
## Open questions
- Whether any of the four gives again in the final three weeks, when only 24- and 48-hour notices
would show it before the election.
- Whether other **[[Anthropic]]**-affiliated contributors appear at or above $1,000,000.00.
- What the committee did with its **$7,766,070.81** of closing cash.
## Sources
- FEC Form 3X, file **2027513** — `https://docquery.fec.gov/dcdev/posted/2027513.fec`
- [See Q3 campaign finance reports in Texas' US Senate race — Community Impact](https://communityimpact.com/central-austin/election/see-how-much-money-candidates-outside-groups-have-raised-in-texas-us-senate-race/) — independently reports the committee at "$9.6 million in the third quarter" and names Larsen and Sarofim among its top donors
- [Meet the megadonors behind the pro-James Talarico super PAC — Texas Tribune](https://www.texastribune.org/2026/05/14/texas-james-talarico-super-pac-donors-lone-star-rising-dark-money-democratic-billionaires/)
- [Reed Hastings joins Anthropic's board — Sherwood News](https://www.sherwood.news/tech/reed-hastings-joins-anthropics-board)
## See also
- [[Lone Star Rising PAC]] · [[TX-Sen-2026]] · [[James Talarico]] · [[Ken Paxton]]
- [[Reed Hastings]] · [[Chris Larsen]] · [[Susan Sarofim]] · [[Anthropic]] · [[Ripple]]
- [[Dario Amodei]] · [[Public First]] · [[Texas PAC]] · [[Lone Star Liberty PAC]]
- [[Super PACs]] · [[Independent Expenditure]] · [[Deals Hub]]