Elon Musk donated $75M to his pro-Trump super PAC in Q3

Tesla CEO and billionaire Elon Musk has cemented his function as a significant power within the 2024 US presidential election by contributing $75 million to a pro-Donald Trump tremendous PAC.

Federal Election Fee recordsdata launched Tuesday, revealed Musk’s donations of $15 million in July, $30 million in August and one other $30 million in September, making him the unique donor for America PAC throughout this era.

America PAC has already spent about $72 million of Musk’s contributions on voter engagement, specializing in people who’ve expressed assist for Trump however could not vote persistently. The group’s formidable technique contains making three rounds of contact with focused voters earlier than Election Day.

The PAC has confronted logistical hurdles, together with difficulties hiring contractors and canvassers in some states on account of its late entry into the election cycle. Regardless of these challenges, the group’s in depth attain and fast mobilization may present a decisive benefit within the carefully contested race.

Musk’s vital monetary backing positions him in an elite circle of Republican megadonors, alongside figures like on line casino magnate Miriam Adelson, who has contributed $95 million to a different pro-Trump tremendous PAC, Protect America PAC, over the identical interval.

Trump has hinted at a doable Cupboard function for Elon Musk, referring to him as an important businessman and even suggesting he may very well be the secretary of price reductions. Musk’s distinguished involvement within the marketing campaign has led to hypothesis concerning the extent of his affect in a doable second Trump administration.