Elon Musk Reportedly Says He’ll Unleash $45 Million a Month Toward Pro-Trump Super PAC
Billionaire Elon Musk reportedly said he plans to commit around $45 million a month to a super political action committee (PAC) helping to elect former President Donald Trump into office come this November.
Sources familiar with the matter told The Wall Street Journal about the billionaire’s plans to further his support for the American PAC, the outlet reported. Other figures who are additionally involved in backing the group includes Palantir Technologies co-founder Joe Lonsdale, cryptocurrency billionaires Cameron and Tyler Winklevoss, former U.S. ambassador to Canada Kelly Craft and her husband Chief Executive of Alliance Resource Partners, Joe Craft.
Reports of Musk donating to the American PAC were released Friday, with sources familiar with the matter telling Bloomberg that Musk had made a “sizable” donation.
Following the failed assassination attempt against Trump on Saturday at his Pennsylvania rally, Musk announced his full support for the former president in a post on X (formerly known as Twitter). . .
I fully endorse President Trump and hope for his rapid recovery pic.twitter.com/ZdxkF63EqF
— Elon Musk (@elonmusk) July 13, 2024
The former president has been steadily gaining support from Silicon Valley elites over the last few months, as more have come forward to endorse him. In addition to Musk on Saturday, billionaire hedge fund manager and long-time Democrat donor Bill Ackman threw his endorsement towards Trump, writing in a post on X about his “supportive posts of Trump” and “criticisms” of President Joe Biden. (Read more from “Elon Musk Reportedly Says He’ll Unleash $45 Million a Month Toward Pro-Trump Super PAC” HERE)
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