9 C
New York
Monday, November 25, 2024
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

Emma McKeon: Australia’s most decorated Olympic announces retirement from swimming

0
Australia's most decorated Olympian, swimmer Emma McKeon, has retired from the sportThe 30-year-old won six gold medals in a haul of 14 won...

GOP senator argues it ‘doesn’t matter’ who conducts background checks for Trump Cabinet picks

0
Republican Sen. Bill Hagerty suggested Sunday that Americans don't care about traditional FBI background checks for President-elect Donald Trump's Cabinet picks as Democrats...

Google Pixel 9 Pro Review: A Pocketable Champion

0
2024 is the year Google finally introduced its entire range of Pixel devices in India, including the Pixel 9, Pixel 9 Pro, Pixel...

Record-breaker Kane hits back after England criticism with hat-trick for Bayern – Sport

0
MUNICH: Bayern Munich striker Harry Kane hit back at criticism levelled at him, saying he would do his “talking on the pitch” after...

Matt Gaetz is now giving pep talks and holiday wishes on Cameo

0
After announcing he would not return to Congress, Matt Gaetz appears to be trying out a new career option: creating personalized videos for...