-2.4 C
New York
Friday, February 21, 2025
pCloud Premium

Elon Musk has given nearly $75 million to his pro-Trump super PAC



241010 elon must donald trump se 445p b1402f

Elon Musk has given nearly $75 million to America PAC, the super PAC he created to support former President Donald Trump, according to a campaign finance filing from the group late Tuesday. 

The filing with the Federal Election Commission was the first public look at Musk’s political giving this year after months of speculation about how much money he would contribute to pro-Trump efforts. It shows that he has vaulted into the top ranks of Republican donors. 

Musk, the CEO of Tesla and SpaceX, is the world’s wealthiest person, with a net worth of $241 billion, according to the Bloomberg Billionaires Index

He established America PAC in May to support Trump’s campaign to return to the White House. The super PAC is focused on voter turnout efforts in potential swing states such as Pennsylvania, where Musk recently appeared onstage with Trump

Musk gave $14.95 million to the super PAC in July, $30 million in August and $30 million in September, according to the filing. The filing says he was the super PAC’s only donor during that period, although in June the super PAC disclosed several donations from associates of Musk, including five donations for $1 million apiece. 

A spokesperson for America PAC declined to comment on the filing. 

The filing covers donations through Sept. 30. Other filings before the Nov. 5 election may show additional donations from Musk or others. 

The super PAC had just under $4 million in cash on hand as of Sept. 30, according to the filing, after having spent heavily in the third quarter. 

The extent of Musk’s contributions to pro-Trump efforts has been the subject of intense speculation. In July, Trump said at a rally in Michigan that Musk “gives me $45 million a month” — a figure that Musk disputed a couple of days later in an interview with podcaster Jordan Peterson. Later in July, Musk elaborated in a post on X, saying he was supporting Trump “but at a much lower level.” 

Musk has given smaller amounts this year to other Republican committees, including to the California Republican Party and the National Republican Congressional Committee. 

Few people have given more money than Musk has this year to Republican or pro-Trump efforts. Republican megadonor Miriam Adelson gave $95 million in the third quarter to the super PAC she is using to back Trump.



Source link

Odisha Expo
Odisha Expohttps://www.odishaexpo.com
Odisha Expo is one of the Largest News Aggregator of Odisha, Stay Updated about the latest news with Odisha Expo from around the world. Stay hooked for more updates.

Related Articles

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
Best Lifetime Deals on SaaSspot_img

Latest Articles

‘Fighting for change’ – what next for Spain & Rubiales after trial?

0
David Menayo Ramos, a journalist at Marca, said the trial was broadcast on YouTube, reflecting what a huge moment it was in Spanish...

Trump administration has cleared migrants out of Guantánamo Bay

0
The Trump administration has flown all of the migrants it had held in Guantánamo Bay out of the facility there, NBC News has...

Coca-Cola looks to bowl out Pepsi in Champions Trophy marketing contest with Pakistani nostalgia...

0
Coca-Cola is attempting to capitalise on Pakistan hosting its biggest cricket event in nearly 30 years, and steal the spotlight away from the...

Trump officials want to rewrite tax season. Cross your fingers and file like normal,...

0
This tax season is rife with uncertainty, as the world’s richest person looks to shake up the Internal Revenue Service and the commerce...