Elon Musk to Donate $45 Million Monthly to Pro-Trump America PAC Starting in July

Jul 16, 2024, 02:10 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. The super PAC, named America PAC, is also backed by other notable figures including Palantir Technologies co-founder Joe Lonsdale and the Winklevoss twins. This significant financial support, starting in July, could amount to up to $180 million by the time of the election. The Wall Street Journal reported this development, citing sources familiar with the matter. Musk's pledge follows his recent endorsement of Trump.