Elon Musk donates ‘substantial’ amount to Trump campaign ahead of US polls.
Elon Musk, the world’s richest individual, has made a significant donation to America PAC, a super political action committee dedicated to supporting Donald Trump’s campaign for the White House.
This move marks a notable shift for Musk, who has long described himself as politically independent and has previously expressed a desire to remain detached from political endorsements.
While the exact amount of donation by Elon Musk to Trump campaign ahead of US polls is undisclosed, sources familiar with the matter describe it as substantial.
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America PAC is heavily investing in enhancing Trump’s grassroots campaign efforts, particularly in crucial battleground states.
These activities include door-to-door canvassing and get-out-the-vote initiatives, which are essential for swaying undecided voters and mobilizing Trump supporters.
This strategic effort aims to offset the Democratic Party’s significant investment in field offices and campaign staff in these pivotal regions.
Elon Musk has donated to a super PAC working to elect Trump.
In March, Musk said he wouldn’t donate to either candidate after meeting with Trump.
“While I’ll voice my opinion, I think I don’t want to put a thumb on the scale monetarily that is significant” pic.twitter.com/SCUVqrJN9C
— Gabe Sanchez (@iamgabesanchez) July 12, 2024
Musk’s financial backing of America PAC provides a considerable boost to the Trump campaign at a time when President Joe Biden’s fundraising efforts have faltered, partly due to a contentious debate performance that has dampened enthusiasm among prominent Democratic donors.
The additional funds from Musk could offer the Trump campaign a critical edge, allowing them to allocate official campaign resources more effectively in what is expected to be an extraordinarily expensive presidential race.
Also read: “Almost fell asleep”: Biden reacts to debate debacle against Trump
Beyond its immediate political impact, Musk’s donation shows his growing influence in Washington.
His vast wealth, primarily derived from his stakes in Tesla, SpaceX, and X, positions him as a formidable player in the political arena.
Some of Trump’s proposed policies, such as rolling back Biden’s electric vehicle initiatives and imposing tariffs on Chinese EV manufacturers, could directly benefit Tesla.
Musk and Trump have had a complicated relationship in the past, but recent interactions suggest a warming of ties.
Musk has provided advice to Trump on various topics, including electric vehicles and cryptocurrency policies.
Musk’s increasing political engagement marks a significant development, highlighting the complex interplay between business interests and political influence in the United States.
