Tech billionaire Elon Musk According to a media report, he wants to support Donald Trump in the presidential election by making large donations to a fund. Like that Wall Street Journal Musk wants to donate $45 million (about 41 million euros) a month to the political group America PAC, citing people familiar with the matter. The group focuses on promoting voter registration, early voting and voting by mail in so-called swing states.
According to the report, Musk said he would begin his donations in July. However, the South African did not appear on the list of donations submitted by the group on Monday, which showed more than eight million dollars in income. The media had previously reported an unspecified “significant amount” paid by Musk to support the Trump campaign.
In addition to Musk, major donors to the fund include Ladd Wall Street Journal Also Palantir co-founder Joe Lonsdale and crypto investors Tyler and Cameron Winklevoss. Both reportedly donated $250,000 each. However, Musk’s projected financial commitment will exceed this amount and could have a significant impact on the election campaign.
Musk announced his support for Trump after the assassination attempt
On Saturday, Elon Musk officially announced his support for Donald Trump’s renewed presidential candidacy. “I fully support President Trump and hope he gets well soon,” the 53-year-old wrote on X, which he bought as Twitter in 2022. Earlier, Trump narrowly escaped an assassination attempt at a campaign rally in Pennsylvania. On Sunday, Trump was confirmed as the official Republican presidential nominee. Vice Presidential candidate J.D. Vance.
Musk is considered the richest man in the world with a net worth of around $250 billion. His support for Trump has been apparent for some time. In March, the two met at a donor breakfast at the Florida home of billionaire Nelson Belts.
In the United States, individual campaign contributions are limited to $3,300. However, the campaign finance system allows major political donors to donate to funds supporting candidates.
Tech billionaire Elon Musk According to a media report, he wants to support Donald Trump in the presidential election by making large donations to a fund. Like that Wall Street Journal Citing people in the know, Musk said he wants to donate $45 million (about 41 million euros) a month to the political group America PAC. The group focuses on promoting voter registration, early voting and voting by mail in so-called swing states.
According to the report, Musk said he would begin his donations in July. However, the South African did not appear on the list of donations submitted by the group on Monday, which showed more than eight million dollars in income. The media had previously reported an unspecified “significant amount” paid by Musk to support the Trump campaign.
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