Elon Musk to Give $45 Million a Month to Pro-Trump Super PAC

America PAC is focusing on building Trump’s ground game
Palantir’s Lonsdale, Winklevoss twins also among big donors

WATCH: Billionaire Elon Musk has donated to a Super PAC working to elect Donald Trump to the White House.

Source: Bloomberg

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By Jennifer Jacobs and Bill Allison

July 15, 2024 at 11:48 PM UTC

Updated on

July 16, 2024 at 7:22 AM UTC

This article is for subscribers only.

Elon Musk is pledging to pour $45 million a month into a pro-Donald Trump political group, according to people familiar with the matter, a move that would flood the Republican nominee’s reelection effort with cash through the November election.

Musk’s planned cash infusion could help build Trump’s fundraising advantage over President Joe Biden, who has suffered from a donor revolt in recent weeks, with some calling for him to step aside for a new nominee. The billionaire entrepreneur endorsed Trump in a post on X after the former president was wounded while addressing a rally in Butler, Pennsylvania, on Saturday evening.