Elon Musk Donates to Pro-Trump PAC, Bloomberg and WSJ Report

Tech billionaire Elon Musk, the richest person in the world, is making headlines for his recent donations to a political action committee working to put Donald Trump back in the White House. According to reports from Bloomberg and The Wall Street Journal, Musk has committed to donating $45 million a month to America PAC, a pro-Trump fundraising group.

This news comes shortly after Musk formally endorsed Trump for president, signaling his support for the former president’s reelection campaign. Bloomberg was the first to report on Musk’s donations to America PAC, describing the amount as “sizable.”

A donation of this magnitude from Musk could have a significant impact on the upcoming election, as Trump already outpaces President Joe Biden in fundraising. The PAC is legally required to disclose its donor list on July 15, but contacts for Tesla, Trump, and America PAC have not yet responded to requests for comment.

Despite previously stating that he would not be giving money to presidential candidates, Musk’s recent actions suggest a shift in his political affiliations. Reports indicate that Musk has been in discussions with Trump about a possible White House advisory role if the former president regains office in November.

Additionally, Musk’s social media platform X, formerly known as Twitter, is set to host a live town hall-style event with Trump, although no date has been scheduled yet. The America PAC, which has been described as “fairly secretive,” has been focused on encouraging Trump voters to vote early or by absentee ballot, despite Trump’s past criticisms of these voting methods.

Overall, Musk’s involvement in supporting Trump’s reelection campaign adds an interesting twist to the upcoming race and highlights the growing influence of tech billionaires in the political landscape.