Elon Musk Commits $45M Monthly to Supercharge Trump’s Campaign
Elon Musk Plans to Donate $45 Million Monthly to Back Donald Trump’s Reelection Campaign
Elon Musk, the founder of Tesla and SpaceX, has announced his intention to donate $45 million each month to support former President Donald Trump’s reelection campaign through America PAC, according to the Wall Street Journal.
Although the donations were expected to begin in July, Musk’s name did not appear in a recent filing by the PAC, which has raised over $8 million.
America PAC, established in late May, has received substantial contributions from other notable entrepreneurs. Joe Lonsdale, co-founder of Palantir, donated $1 million through Lonsdale Enterprises.
Additionally, crypto billionaires Cameron and Tyler Winklevoss each contributed $250,000.
Elon Musk is the only Fortune 100 CEO to fully endorse a candidate in the 2024 presidential race. He publicly endorsed Trump following an assassination attempt at a rally in Butler, Pennsylvania, stating, “I fully endorse President Trump and hope for his rapid recovery,” in a post on social media platform X.
Musk, who previously supported Democratic candidates including President Joe Biden, has recently expressed dissatisfaction with certain Democratic policies, such as Biden’s stance on labor unions and immigration.
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