FIRST ON FOX — A wealthy tech investor is committing $40 million to help Republicans stem the tide of the Democratic Socialists of America in state-level races, Fox News Digital has learned.

Scott Banister, a libertarian who was an early investor in PayPal, Uber and SpaceX, among others, cut the massive check to Make Liberty Win, a right-of-center political organization. The funding has already been partially deployed in nine states — Wisconsin, Michigan, Minnesota, Pennsylvania, Georgia, Arizona, New Hampshire, West Virginia and Montana — with plans to expand the push to at least a dozen states.

“Self-described socialists are running for…

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