Musk to donate Trump’s Presidential Campaign hundreds of millions of dollars

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As reported by the Wall Street Journal, a source familiar with the situation has revealed Elon Musk’s latest power move: a $45 million a month commitment to a new super political-action committee to support former President Donald Trump. This new super PAC will deploy large sums of money and other resources in critical swing states to counter ‘get out the vote’ campaigns by Democrats. 

Called ‘America PAC,’ the group is reportedly focused on registering voters and convincing constituents to vote early and request mail-in ballots across swing states, according to the people. The group will counter get out the vote campaigns by Democrats in swing states.

Besides Musk, America PAC is supported by Palantir Technologies co-founder Joe Lonsdale, Cameron and Tyler Winklevoss, and former US ambassador to Canada Kelly Craft and her husband, Joe, the chief executive of coal producer Alliance Resource Partners.  

According to a Monday filing, America PAC received $8.75 million in contributions for the quarter ending June 30, as reported by the WSJ. Musk is rumored to begin his donations this month.

A recent Bloomberg News report indicated Musk had donated to the new super PAC last week, although the donation size was not mentioned. 

Following the failed assassination attempt on Trump, Musk wrote on X on Saturday evening, “I fully endorse President Trump and hope for his rapid recovery,” adding, “Last time America had a candidate this tough was Theodore Roosevelt.”