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Elon Musk Donates Big to Trump-Backing Political Group

Billionaire's Political Moves Stir Up 2024 Election Buzz

by thinktank
July 12, 2024
Reading Time: 2 mins read
0
Elon Musk Gets Fact-Checked on Livestream Over California Wildfire Claims

(Photo by BRITTA PEDERSEN/POOL/AFP via Getty Images)

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Elon Musk, the South African-born billionaire and CEO of Tesla and SpaceX, has made a significant donation to a political action committee (PAC) supporting former President Donald Trump in the 2024 election, according to Bloomberg News.

The PAC, known as America PAC, is expected to reveal its list of donors on July 15. Founded in May in Austin, Texas—where Tesla’s headquarters is located—America PAC has already spent at least $6.6 million in support of Trump, as reported by the New York Times.

Musk, who is currently the world’s richest man, crossed paths with Trump, 78, in Florida back in March. He shared with former CNN anchor Don Lemon that they met at a breakfast event, clarifying that Trump did most of the talking and did not ask for a campaign contribution. Musk later emphasized on social media platform X, “I am not donating money to either candidate for US President.”

For context, Musk became a U.S. citizen in 2002 and has since been an influential figure in both the tech and political arenas.

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