Elon Musk, the world's richest person, has made headlines with his recent donation of nearly $75 million to a pro-Trump super PAC that he helped establish over the summer. The Federal Election Commission filings reveal that Musk contributed a total of $74,950,000 to America PAC between July and September.
America PAC, the recipient of Musk's generous donation, has been actively supporting former President Trump's White House bid. The super PAC reported spending almost $72 million in the third quarter, leaving them with approximately $4 million in cash reserves as of October.
With Musk's significant contribution, America PAC has played a crucial role in bolstering the Trump campaign. The group's independent expenditure filings show that they have allocated funds towards various campaign activities, including canvassing, field operations, and supporting competitive House races in states like California and New York.
Elon Musk is among a group of affluent donors who have made substantial contributions to pro-Trump organizations in the third quarter of the presidential race. Miriam Adelson, widow of the late casino magnate Sheldon Adelson, donated $95 million to Preserve America, another prominent pro-Trump super PAC. Additionally, Dick Uihlein, a Midwestern shipping tycoon, contributed nearly $50 million to Restoration PAC, further bolstering the pro-Trump outside effort.
These large donations underscore the significant financial backing that pro-Trump groups are receiving as the presidential race intensifies. Musk's involvement in America PAC highlights the influence of wealthy individuals in shaping the political landscape and supporting their preferred candidates.