Musk to pay $45 million per month to pro-Trump supporters

Published July 16th, 2024 - 05:53 GMT
Musk to pay $45 million per month to pro-Trump supporters
Musk to pay $45 million to pro-Trump supporters. (Shutterstock)

ALBAWABA - Elon Musk, the American billionaire and CEO of Tesla, revealed plans to allocate $45 million per month to pro-Trump supporters. This amount will go to a newly formed super PAC supporting Donald Trump as reported by the Wall Street Journal.

America PAC

America PAC is a Super PAC committee that supported Donald Trump in the 2016 presidential election. It was founded in 2016 by Eric Beach, a political strategist and veteran of presidential campaigns. The PAC also announced to continue supporting the Republican candidate in the upcoming elections of 2024.

Donald Trump survived a failed assassination attempt on Saturday (Shutterstock)

Many other leaders and entrepreneurs also donated to PAC including Joe Lonsdale, Palantir Co-Founder and Tyler Winklevoss, a crypto billionaire. Both donated around $250,000.

Elon Musk supports Trump

This step is not the first, Elon Musk had also announced support for Trumo after the failed assassination attempt on Saturday by saying that he wishes a "quick recovery for President Trump" and that he completely gives Trump his full support in the U.S. presential elections.

Musk did not comment on the donation matter and it is still unknown if he donated to PAC in July or not yet. But the Wall Street Journal reported that the Tesla CEO had not given any money to that group in June, as a quarterly financial filing submitted to the Federal Election Commission on Monday evening.

Musk is committed to supporting Donald Trump in his race with President Joe Biden in the upcoming US presidential elections in November.

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