Elon Musk donated $75 million to his pro-Trump super PAC in the third quarter

Key takeaways

  • Elon Musk’s $75 million donation to America PAC boosts Trump’s battlefield strategy ahead of the 2024 election.
  • Trump previously hinted at a possible Cabinet role for Musk, sparking speculation about his influence in a second term.

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Tesla CEO and billionaire Elon Musk has cemented his role as a major force in the 2024 US presidential election by contributing $75 million to a pro-Donald Trump super PAC.

Federal Electoral Commission filings published on Tuesday revealed Musk’s donations of $15 million in July, $30 million in August and another $30 million in September, making him the exclusive donor to America PAC during this period.

America PAC has already spent about $72 million of Musk’s contributions on voter turnout, focusing on people who have expressed support for Trump but may not vote consistently. The group’s ambitious strategy includes conducting three rounds of contact with targeted voters before Election Day.

The PAC has faced logistical obstacles, including difficulties hiring contractors and pollsters in some states due to late entry into the election cycle. Despite these challenges, the group’s broad reach and rapid mobilization may provide a decisive advantage in the tight race.

Musk’s significant financial backing positions him among an elite circle of Republican mega-donors, along with figures such as casino magnate Miriam Adelson, who contributed $95 million to another pro-Trump super PAC, the Preserve America PAC, during the same period.

Trump has hinted at a possible role for Elon Musk in the cabinet, referring to him as a great businessman and even suggesting he could be Secretary of Cost Reduction. Musk’s prominent involvement in the campaign has sparked speculation about the extent of his influence on a possible second Trump administration.

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