After formally endorsing presidential candidate Donald Trump for the 2024 U.S. Presidential Election, Elon Musk is exhibiting his help by pledging a hefty month-to-month donation to a Tremendous PAC.
In response to a report by the Wall Avenue 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.
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Different donors to the Tremendous PAC embody the Winklevoss twins and Joe Lonsdale, co-founder of Palantir.
In response to 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 “speedy restoration.”
I absolutely endorse President Trump and hope for his speedy restoration pic.twitter.com/ZdxkF63EqF
— Elon Musk (@elonmusk) July 13, 2024
The billionaire additionally known as Trump’s alternative of Ohio Sen. J.D. Vance as his vp nominee an “glorious determination.”
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.
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“I really feel a bit stronger that he’s in all probability not the fitting man,” Musk mentioned, on the time. “He does not appear to have the type of character that displays effectively on america.”
As of Tuesday afternoon, Musk’s web value was an estimated $267 billion.
