Tuesday, July 16, 2024

Elon Musk: the floodgates open

Headline:

Elon Musk Says He’ll Unleash Around $45 Million a Month Toward Pro-Trump Super PAC

Billionaire Elon Musk reportedly said he plans to commit around $45 million a month to a super political action committee (PAC) helping to elect former President Donald Trump into office come this November.

Sources familiar with the matter told The Wall Street Journal about the billionaire’s plans to further his support for the American PAC, the outlet reported. Other figures who are additionally involved in backing the group includes Palantir Technologies co-founder Joe Lonsdale, cryptocurrency billionaires Cameron and Tyler Winklevoss, former U.S. ambassador to Canada Kelly Craft and her husband Chief Executive of Alliance Resource Partners, Joe Craft.

Reports of Musk donating to the American PAC were released Friday, with sources familiar with the matter telling Bloomberg that Musk had made a “sizable” donation.

Following the failed assassination attempt against Trump on Saturday at his Pennsylvania rally, Musk announced his full support for the former president in a post on X (formerly known as Twitter).

“I fully endorse President Trump and hope for his rapid recovery,” Musk wrote.

Elon is all in. Just pull out of China now, dude.



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