Report: Elon Musk to Donate $45M Monthly to Pro-Trump Super PAC

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Facts

• The Wall Street Journal reported on Monday that tech billionaire Elon Musk, two days after endorsing Donald Trump, plans to donate $45M per month to a pro-Trump super PAC geared toward fueling his presidential campaign.¹
• Bloomberg reports that Musk has already made a substantial donation to the America PAC, though the exact amount remains unknown. The PAC must make the donor list public by July 15.²
• Musk is one of the world's richest people, with an estimated net worth of $252B. If Musk follows through with the reported contribution to the Super PAC, it would be the highest-known donation of the 2024 election season.³
• The America Pac has reportedly received support from some of Musk’s tech friends and allies, such as Palantir's Joe Lonsdale, whose co-founding partner, Peter Thiel, is known for his significant political contributions to Trump’s vice president nominee, Senator JD Vance.³
• Musk has stated that he voted for Barack Obama and, subsequently, Joe Biden in the 2020 election. However, he has since taken issue with some of the Democratic Party's policies.⁴
• In a post on X, formerly Twitter, Musk appeared to deny the Wall Street Journal's report, labeling it 'FAKE GNUS.'⁵

Sources: ¹Wsj, ²Bloomberg, ³Guardian, ⁴Yahoo News and ⁵Time.

Narratives

• Anti-Trump narrative, as provided by Ft. It's a sad day indeed to learn that Trump is selling out America to billionaires like Elon Musk in return for checks that will pay not only for his campaign but also for his legal fees. Regardless of whether the Journal's report rings true, several Musk orbiters have already contributed to Trump's efforts and Musk has openly endorsed him, as the ultra-wealthy only look out for themselves. America should not be for sale.
• Pro-Trump narrative, as provided by FOX News. It's no secret that Biden's disastrous policies have nourished Elon Musk and Donald Trump relations in recent years after having had a rather contentious relationship, so much so that, according to media reports, if Trump wins in November, he might appoint Musk to a White House advisory post on border security and the economy. It's Musk's prerogative to support the best candidate.