The Tesla mogul has contributed to a low-profile group called America PAC. After the attack on the former president, he confirmed his support for the Republican candidate.
The billionaire Elon Musk made a donation to a super political action committee working to bring back Donald Trump to the White House, an important tactic for the richest person in the world. The Tesla tycoon is fully involved in the US elections.
Musk has contributed to a low-profile group called America PAC, according to people familiar with the matter, who requested anonymity to detail their plans.
Elon Musk joins US elections with multimillion-dollar contribution to Donald Trump’s campaign
It is not clear how much he donated. Muskbut people characterized the figure as a considerable amount. On July 15, the PAC must make public its list of donors.
The move highlights the growing influence of the technology mogul who tops the Bloomberg Billionaires Index with a net worth of US$263.6 billion and his shift from describing himself as someone who stays out of politics, to a figure who regularly uses his social media platform X (formerly Twitter) to espouse right-wing views and attack Democrats.
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The injection of money from Musk comes at a time when Trump has outraised his rival, President Donald Trump, in fundraising Joe Bidenn, with the help of corporate donors and Wall Streeters with deep wallets.
The collection itself of Biden declined after a disastrous debate that led prominent Democratic donors to limit their contributions.
Musk has yet to publicly endorse any candidate in the 2024 race and said earlier this year that he did not anticipate funding either Trump or Biden’s election efforts, but the decision to open his pocketbook presents him with an opportunity to become a financial giant for Republicans.
Source: Ambito
