Report: Elon Musk to Donate $45 Million a Month to Pro-Trump Super PAC

Jul 17, 2024 12:58 AM - 4 months ago 90816

After formally endorsing statesmanlike campaigner Donald Trump for nan 2024 U.S. Presidential Election, Elon Musk is showing his support by pledging a hefty monthly aid to a Super PAC.

According to a study by nan Wall Street Journal, Musk has reportedly agreed to donate $45 cardinal a period to America PAC, which was founded successful June and chiefly focused connected registering caller voters and encouraging registered voters to ballot early and by mail-in ballots successful plaything states.

Related: Elon Musk Endorses Trump, Says 'Dangerous Times Ahead'

Other donors to nan Super PAC see nan Winklevoss twins and Joe Lonsdale, co-founder of Palantir.

According to filings seen by nan Wall Street Journal, America PAC had received $8.75 cardinal successful contributions for nan three-month play that ended connected June 30.

Bloomberg antecedently reported that Musk donated to nan Super PAC but nan magnitude astatine nan clip was not disclosed. He will reportedly statesman nan monthly contributions successful July.

Musk took to X connected Saturday to formally endorse Trump for President and telephone for his "rapid recovery."

I afloat endorse President Trump and dream for his accelerated betterment pic.twitter.com/ZdxkF63EqF

— Elon Musk (@elonmusk) July 13, 2024

The billionaire also called Trump's prime of Ohio Sen. J.D. Vance arsenic his vice president nominee an "excellent decision."

Musk's backing of Trump is simply a beardown departure from his original stance earlier nan 2016 predetermination erstwhile he denounced nan erstwhile President arsenic a viable action for agency successful an interview with CNBC.

Related: Jeff Bezos, Elon Musk, Tim Cook Comment After Trump Shooting

"I consciousness a spot stronger that he is astir apt not nan correct guy," Musk said, astatine nan time. "He doesn't look to person nan benignant of characteristic that reflects good connected nan United States."

As of Tuesday afternoon, Musk's nett worthy was an estimated $267 billion.

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