Elon Musk Pledges $45 Million Monthly to Pro-Trump America PAC

Jul 16, 2024, 02:04 AM

Elon Musk has announced plans to commit approximately $45 million per month to a new super political-action committee (PAC) supporting former President Donald Trump's presidential campaign. This new group, named America PAC, is funded by Musk and his close allies, including Palantir Technologies co-founder Joe Lonsdale and the Winklevoss twins. The significant financial backing, reported by the Wall Street Journal on July 15, is intended to bolster Trump's re-election efforts, especially in countering the Democratic advantage in early and mail-in voting.