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Starlink CEO Elon Musk to donate $45 million per month to pro-Trump super PAC

  • July 16, 2024
  • 5 Min
  • 6
starlink-ceo-elon-musk-to-donate-$45-million-per-month-to-pro-trump-super-pac

Billionaire Elon Musk, after backing Trump after the Republican nominee survived an assassination attempt on Saturday, plans to donate about $45 million a month to a super PAC supporting the former president, according to a report.

Formed last month to support Trump with financial help from some of Musk’s friends, America PAC includes Palantir Technologies co-founder Joe Lonsdale, Cameron and Tyler Winklevoss, as well as former U.S. Ambassador to Canada Kelly Craft and her husband, Joe, chief executive of coal producer Alliance Resource Partners, the Wall Street Journal reported.

The group has spent at least $6.6 million on behalf of Trump, who was nominated Monday at the Republican National Convention as the party’s presidential nominee.

America PAC is focusing on voter registration and urging swing state residents to vote early and request mail-in ballots, the report said. The goal is to counter Democrats’ “get out the vote” campaigns and on-the-ground efforts in the months leading up to the November election.

Musk, who is currently the richest person in the world with an estimated fortune of more than $250 billion, plans to make substantial donations of $45 million to the super PAC each month leading up to the election, the report said. The largest known donation of the 2024 election cycle comes from the great-grandson of banker Thomas Mellon, who donated $50 million to a pro-Trump super PAC.

A filing Monday revealed that America PAC made $8.75 million in contributions for the three-month period ending June 30, the WSJ reported, and Musk reportedly signaled he planned to begin donating this month.

Musk reportedly donated to the super PAC last week, according to Bloomberg News, though the amount of the donation is unknown.

Musk said in March that he had no plans to donate to the Trump or Biden campaigns, but the SpaceX and Tesla CEO is now throwing his support behind the former president, even offering his full backing after Trump’s assassination attempt at a campaign rally in Pennsylvania.

“I fully support President Trump and hope for his speedy recovery,” Musk wrote on X, adding in a later message: “The last time America had a candidate this tough it was Theodore Roosevelt.”

Musk and Trump have spoken more frequently in recent months and have become friends, according to the Wall Street Journal, which also noted that Trump was aware of a project Musk was helping organize to prevent election fraud.

Musk has been more supportive of Trump than Biden on X, often criticizing the current president while expressing support for the former president.

The tech executive also donated $100,000 to a GoFundMe page authorized by Trump to help victims of Saturday’s shootings and their families. One rallygoer was killed shielding his wife and daughter from gunfire, while two other attendees were injured.

Lire Article original: Elon Musk to donate $45M a month to pro-Trump super PAC following endorsement of former president

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