Billionaire Elon Musk, CEO of SpaceX and Tesla, has reportedly made a substantial donation to America PAC, a super political action committee working to elect former U.S. President Donald Trump in the 2024 presidential race. According to multiple sources cited by Bloomberg, the exact amount of the donation remains undisclosed but has been described as ‘sizable’ and ‘significant’.This development comes as a surprise to many, as Musk had previously stated on his social media platform X, ‘I am not donating money to either candidate for US President’. The donation also marks a shift in Musk’s political stance, from a self-described political independent to a figure increasingly associated with right-leaning views.The timing of this contribution is notable, as it comes when Trump has reportedly surpassed President Joe Biden in fundraising efforts. America PAC is required to disclose its list of donors by July 15, which should provide more clarity on the exact amount of Musk’s donation.Musk’s decision to support Trump could potentially have significant implications for the upcoming election. Given Musk’s vast wealth and influence, his financial backing could prove to be a substantial boost for the Republican campaign. However, this move has also raised concerns about potential negative impacts on Tesla’s reputation and sales, as Musk’s political associations have previously affected his primary source of wealth.It’s worth noting that while Musk and Trump have had their differences in the past, they appear to have reconciled, with reports suggesting Musk has consulted the former president on issues such as electric cars and cryptocurrency policy. As the 2024 presidential race heats up, the impact of Musk’s donation and potential further involvement in the campaign remains to be seen.
Key points
- Elon Musk has reportedly made a significant donation to America PAC, supporting Donald Trump’s 2024 presidential campaign.
- This donation contradicts Musk’s previous statement about not donating to any U.
- The exact amount of the donation is undisclosed but described as ‘sizable’, with official disclosure expected by July 15.
- Musk’s support could potentially boost Trump’s campaign significantly, given Musk’s wealth and influence.
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Contradictions👾Musk previously stated he would not donate to either presidential candidate, but has now reportedly made a significant donation to a pro-Trump PAC.
👾Some sources suggest Musk’s donation could have a negative impact on Tesla’s reputation and sales, while others focus on the potential boost it could give to Trump’s campaign.
