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Tuesday, July 16, 2024

Elon Musk Commits $45 Million Monthly to New Pro-Trump Super PAC

Elon Musk has announced plans to commit approximately $45 million a month to a new super political action committee supporting former President Donald Trump’s presidential campaign, according to sources familiar with the matter. This significant financial commitment underscores Musk’s influential role in shaping the political landscape.

The new group, called America PAC, is attracting other high-profile backers as well. Among them are Joe Lonsdale, co-founder of Palantir Technologies, and the Winklevoss twins, known for their involvement in the cryptocurrency and technology sectors. Their participation highlights the diverse range of support within the tech community.

In addition to these tech moguls, the PAC is also backed by notable figures from other industries. Former U.S. ambassador to Canada Kelly Craft and her husband, Joe Craft, are lending their support. Joe Craft is the CEO of Alliance Resource Partners, a leading coal producer, adding a significant industrial dimension to the group’s backing

 

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