(BrightPress.org) – Elon Musk, the well-known billionaire, is gearing up to pour around $45 million a month into a pro-Trump super political-action committee. This group, named America PAC, aims to support former President Donald Trump’s bid for the White House.
Musk, famous for his role as the CEO of Tesla and SpaceX, has not yet appeared in any official filings from America PAC, which recently reported raising over $8 million. As of now, there’s no record of Musk’s donations, but sources say he plans to start contributing this month.
Other big names have already contributed to America PAC. Joe Lonsdale of Lonsdale Enterprises put in $1 million, and the Winklevoss twins each donated $250,000. These contributions highlight the backing Trump is getting from influential figures in the tech and finance sectors.
Musk’s endorsement of Trump came shortly after the former President survived an assassination attempt at a campaign rally. This endorsement marks a significant shift for Musk, aligning him more clearly with right-wing politics.
This news came out as Trump announced his running mate, Ohio Senator J.D. Vance, for the upcoming presidential election. The financial boost from Musk could play a crucial role in strengthening Trump’s campaign.
Musk’s decision to support Trump with such a substantial amount underscores his influence in the political arena. His planned donations are likely to give Trump a significant edge in fundraising efforts, especially considering recent financial struggles for President Joe Biden’s campaign.
America PAC’s financial activities show it raised $8.8 million in the second quarter and spent $7.8 million, leaving just under $1 million in cash on hand. These funds are being used to bolster Trump’s campaign through various means, including voter outreach and digital media campaigns.
Elon Musk’s endorsement and planned financial backing are set to be a game-changer for Trump’s campaign. As the election season progresses, all eyes will be on how these funds are utilized and the impact they have on the race for the White House.
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