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Home»Business»Contributes Nearly $120 Million to Super PAC
Business

Contributes Nearly $120 Million to Super PAC

News RoomBy News RoomOctober 25, 20241 ViewsNo Comments3 Mins Read
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Elon Musk has continued his support for former President Donald Trump by donating an additional $43.6 million to the America PAC, bringing his total contributions to over $118 million. Musk now ranks as the second-largest individual pro-Trump donor this election cycle, behind only Timothy Mellon. The donations are to independent super PACs, not the Trump campaign directly. Musk’s recent donation of $43.6 million to America PAC was reported in federal filings with the Federal Election Commission between October 1-16, which will be the last disclosure before Election Day.

America PAC, largely funded by Musk’s donations, has received controversy for its plan to give away $1 million daily to a randomly selected swing state voter who has signed a petition on the group’s website. This campaign was announced after the Oct. 16 FEC filing, raising the possibility that Musk may have contributed more funds to support this initiative. The super PAC is known for its ground game efforts to reach voters in swing states, although there have been reports of issues with its tech infrastructure.

Musk has also been actively supporting Trump on the campaign trail, including making appearances at campaign rallies and hosting his own events in Pennsylvania. The New York Times has reported that Musk is becoming more fervent in his efforts to help elect Trump and will continue campaigning through Election Day. He is scheduled to appear with Trump at a rally at Madison Square Garden and has incorporated two companies that hint at a potential long-term involvement in the political sphere.

Kangen Water

Legal experts have raised concerns about the legality of America PAC’s giveaways, which may violate federal law that prohibits offering rewards to voters to influence their participation in elections. The Justice Department reportedly sent a letter to America PAC, warning them of potential violations that could result in fines or prison time. Musk’s net worth is estimated at $269.8 billion, making him the richest person in the world, according to Forbes. In addition to his contributions to America PAC, Musk has also donated to other political organizations supporting GOP senators, House lawmakers, and Republican parties.

Musk’s support for Trump marks a significant shift from his previous political leanings as he had donated to Democrats and criticized the former president. Trump has even suggested involving Musk in his administration if re-elected, highlighting their close relationship. Musk’s involvement with America PAC and his substantial financial contributions have garnered attention, indicating his strong support for Trump’s re-election campaign. This news comes amidst a heated election season where financial support plays a crucial role in shaping the outcome.

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