Thursday, October 17, 2024

Elon Musk Goes Big In 2024 Campaign With $75 Million For Trump And Other Republicans

Elon Musk donated just under $75 million to his super PAC last quarter, according to just-released government filings, as the world’s richest man made his full splashy entry into presidential politics.
Musk's donations to help Republicans totaled just under $15 million in July, followed by $30 million in both August and September.
The filings also show Musk as the only donor for his political action committee, called America PAC.
His group’s mission is centered around helping the Trump campaign and its ground game, especially in the must-win commonwealth of Pennsylvania. The group is also spending on other Republican congressional candidates around the country.
Musk confirmed the donations in posts on X, formerly Twitter, and said the group was "just aiming for common sense, centrist values."
The donations from Musk also came in addition to news of big checks from other ultra-wealthy Americans — notably Miriam Adelson and Dick Uihlein — who also put a combined $145 million into other Trump-supporting groups in July, August, and September, according to the filings.

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