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    Elon Musk Donating $45 Million Monthly to Super PAC: Report

    SwankyadminBy SwankyadminJuly 17, 2024 Passive Income No Comments2 Mins Read
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    After formally endorsing presidential candidate Donald Trump for the 2024 U.S. Presidential Election, Elon Musk is displaying his help by pledging a hefty month-to-month donation to a Tremendous PAC.

    Based on a report by the Wall Street Journal, Musk has reportedly agreed to donate $45 million a month to America PAC, which was based in June and primarily centered on registering new voters and inspiring registered voters to vote early and by mail-in ballots in swing states.

    Associated: Elon Musk Endorses Trump, Says ‘Dangerous Times Ahead’

    Different donors to the Tremendous PAC embrace the Winklevoss twins and Joe Lonsdale, co-founder of Palantir.

    Based on filings seen by the Wall Avenue Journal, America PAC had acquired $8.75 million in contributions for the three-month interval that ended on June 30.

    Bloomberg beforehand reported that Musk donated to the Tremendous PAC however the quantity on the time was not disclosed. He’ll reportedly start the month-to-month contributions in July.

    Musk took to X on Saturday to formally endorse Trump for President and name for his “fast restoration.”

    I totally endorse President Trump and hope for his fast restoration pic.twitter.com/ZdxkF63EqF

    — Elon Musk (@elonmusk) July 13, 2024

    The billionaire also called Trump’s selection of Ohio Sen. J.D. Vance as his vice chairman nominee an “glorious resolution.”

    Musk’s backing of Trump is a robust departure from his unique stance earlier than the 2016 election when he denounced the previous President as a viable possibility for workplace in an interview with CNBC.

    Associated: Jeff Bezos, Elon Musk, Tim Cook Comment After Trump Shooting

    “I really feel a bit stronger that he’s most likely not the fitting man,” Musk stated, on the time. “He does not appear to have the form of character that displays properly on america.”

    As of Tuesday afternoon, Musk’s internet value was an estimated $267 billion.



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