The CEO of Tesla motors and founder of X Elon Musk has vowed to donate $45 million every month for Former President Donald Trump's 2024 election.
The money will be donated to a
new super political-action committee (PAC) supporting Trump.
The Tesla and SpaceX founder
indicated that his contributions to the America PAC would commence in July,
according to a report by the Wall Street Journal.
Despite Musk’s intentions, he
was notably absent from a Monday filing by the America PAC, which has already
raised over $8 million.
The super PAC, established in
late May, has attracted significant donations from other prominent figures in
the tech industry.
Palantir co-founder Joe
Lonsdale contributed $1 million through Lonsdale Enterprises, while crypto
billionaires Cameron and Tyler Winklevoss each donated $250,000.
Elon Musk’s involvement marks
him as the only Fortune 100 CEO to fully endorse a candidate in the upcoming
presidential race.
His endorsement follows a
recent assassination attempt at a rally in Butler, Pennsylvania, where he
expressed his support for Trump’s recovery on X (formerly Twitter).
“I fully endorse President
Trump and hope for his rapid recovery,” Elon Musk tweeted, sharing a video of
the incident.
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