Elon Musk Makes ANOTHER Massive Contribution To Super PAC

Elon Musk contributed approximately $44 million to his Super PAC, according to federal disclosures.

Musk’s latest donation follows the $75 million he previously poured into America PAC, bringing the total to about $119 million.

A prior report showed he contributed the $75 million in the span of three months.

NEWS: Elon Musk donates $44 million in October to pro-America super PAC that supports six key values:
• Secure borders and Sensible spending
• Safe cities and a Fair justice system
• Free speech and Self-protection pic.twitter.com/RrYljsRMeo

— ALEX (@ajtourville) October 25, 2024

Per Reuters:

America PAC, which is focused on turning out voters in closely contested states that could decide the election, also disclosed spending more than $47 million in the first half of October.

The Trump campaign is broadly reliant on outside groups for canvassing voters, meaning the super PAC founded by Musk – the world’s richest man – plays an outsized role in what is expected to be a razor-thin election between Trump and Vice President Kamala Harris.

Separately, Trump’s campaign reported spending more than $88 million on ads in the first half of the month, leaving him with $36 million in the bank for the final stretch of campaigning, according to a separate filing to the Federal Election Commission. Trump’s campaign raised $16 million during the period.

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The Harris campaign, which has outraised and outspent Trump’s campaign in recent months, reported spending more than $130 million on ads in early October. Harris’ campaign raised $97 million during the first half of the month and had $119 million in the bank on Oct 16, according to its disclosure.

Elon Musk Donates Another $43.6 Million To Pro-Trump America PAChttps://t.co/iqWPcFoi6W pic.twitter.com/dquSIkGDgn

— Forbes (@Forbes) October 25, 2024

CNN reports:

Musk has emerged as a major financial figure in this year’s election – underwriting an unorthodox get-out-the-vote effort on Trump’s behalf in key battleground states – a role that the former president has largely ceded to outside groups. In recent days, Musk also offered splashy, $1 million daily sweepstakes for swing-state voters that has drawn scrutiny from the US Justice Department.

The new filings show the tech magnate made four donations totaling $43.6 million to his America PAC in the first half of October. He also wrote checks totaling $12.3 million to other super PACs mostly supporting efforts by Republicans to take control of the Senate.

Before this election, the Tesla CEO and X owner had made relatively modest donations to federal candidates, backing a mix of Democrats and Republicans. But he is deeply engaged in helping Trump win the presidency this time and has joined the Republican nominee on the campaign trail.

Thursday’s filings show that Musk’s super PAC drew other donors in October. Billionaire businessman Nelson Peltz gave $1 million to America PAC and members of the Michigan-based DeVos family, including Trump’s Education secretary, Betsy DeVos, also made six-figure donations.

This is a Guest Post from our friends over at 100 Percent Fed Up.

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