Elon Musk Will Fund Trump With $45 Million Every Month

Not five, not ten, but $45 million Indeed, the month that the billionaire intends to present Elon Musk to an organization backing Donald Trump’s campaign to return to the White House, which is already funded by other tech entrepreneurs, it said Monday. In her article in the Wall Street Journal,.

the organization “America Back“, (Note: The word PAC comes from the initials Political Action Committee(, which was founded in late May, as documents it filed with the Federal Election Commission (FEC) confirm, is among the so-called “super PACs,” Legal entities not affiliated with party organizations or campaigns.

They cannot directly fund the candidate, but the law allows them to engage in support activities such as advertising campaigns, organizing events, etc.

According to a Wall Street Journal report, the American Political Action Committee is devoting its resources to this effort. Encouraging Republican sympathizers in states likely to swing to Mr. Trump To be written in the electoral rolls.

As for registered voters, the organization urges them to do so. Voting by mailOr take advantage of the possibility of voting at special polling stations in advance.

Trump: He’s already got $100 million in donations

According to documents released by the Federal Election Commission, donors to America PAC include: Cameron Brothers And Tyler Winklevossknown for her Homeric clashes with Mark Zuckerberg when founding Facebook and, more recently, for her investments in cryptocurrencies.

The list also includes: Douglas Lyona subsidiary of Sequoia Capital, one of the most famous companies in the so-called Silicon Valley, and Antonio Graciaswho was CEO of Tesla from 2007 to 2021.

Mr. Musk’s name does not appear on the donor list for the political action committee, which had raised $8.75 million through the end of June, according to Federal Election Commission filings. The reason, the Wall Street Journal explains, is that he is the world’s richest man. It will start funding this month..

If his intentions are confirmed as described by the financial newspaper, he will be one of Larger individual donations It has never happened before in an American election campaign.

The largest donation made ahead of this year’s election, according to data released so far, is a donation from Tim Mellonthe Mellon Bank heir, who gave $50 million to another “super PAC” supporting the American right-wing candidate.

In all, since the start of the campaign, the 78-year-old candidate is estimated to have received donations worth Rs. 100 million dollars Now, while he has spent more than $80 million.

In March, Musk, whose fortune is estimated at $252 billion according to Forbes magazine, said he would not fund any candidate. But on Saturday, shortly after the assassination attempt on Trump, he publicly expressed his “full support” for the Republican Party.