Elon Musk has announced plans to commit approximately $45 million per month to a new super political action committee (Super PAC) supporting former President Donald Trump's presidential campaign. The Super PAC, named 'America PAC,' is funded by Musk and his inner circle, including notable backers such as Palantir Technologies co-founder Joe Lonsdale and the Winklevoss twins. This substantial financial commitment is intended to bolster Trump's efforts in the 2024 presidential election, as reported by the Wall Street Journal.
