Elon Musk donated $75M to his pro-Trump super PAC in Q3

Musk's massive funding marks him as a top Republican donor.

Author: Rolling Stone

Key Takeaways

• Elon Musk's $75 million donation to America PAC fuels Trump's battleground strategy ahead of the 2024 election.
• Trump previously hinted at a potential cabinet role for Musk, sparking speculation about his influence in a second term.

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Tesla CEO and billionaire Elon Musk has cemented his role as a significant force in the 2024 US presidential election by contributing $75 million to a pro-Donald Trump super PAC. 

Federal Election Commission filings released on Tuesday revealed Musk’s donations of $15 million in July, $30 million in August, and another $30 million in September, making him the exclusive donor for America PAC during this period. 

America PAC has already spent about $72 million of Musk’s contributions on voter engagement, focusing on individuals who have expressed support for Trump but may not consistently vote. The group’s ambitious strategy includes making three rounds of contact with targeted voters before Election Day.

The PAC has faced logistical hurdles, including difficulties hiring contractors and canvassers in some states due to late entry into the election cycle. Despite these challenges, the group’s extensive reach and rapid mobilization may provide a decisive advantage in the closely contested race.

Musk’s significant financial backing positions him among an elite circle of Republican mega-donors, alongside figures such as casino mogul Miriam Adelson, who contributed $95 million to another pro-Trump super PAC, Preserve America PAC, during the same period.

Trump has hinted at a possible cabinet role for Elon Musk, referring to him as a great business guy and even suggesting he could be the Secretary of Cost-Cutting. Musk’s prominent involvement in the campaign has sparked speculation about the extent of his influence in a potential second Trump administration.

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