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Elon Musk donates to fund supporting Trump election campaign

Elon Musk donates to fund supporting Trump election campaign Elon Musk (Getty Images)

Billionaire Elon Musk has donated money to the America PAC fund. It supports former President Donald Trump in the US election race, reports Bloomberg.

According to the media, it is unclear how much Musk donated, but people characterized the figure as a "sizable amount."

The next time America PAC is to publish its list of donors is July 15. Elon Musk donated to the super-PAC, which is working to elect Donald Trump to the White House.

"The move highlights the growing influence of a technology mogul who tops the Bloomberg Billionaires Index with a net worth of $263.6 billion," the media says.

According to Bloomberg, Musk has not yet publicly endorsed any candidate in the 2024 US presidential election. Earlier this year he said he had no plans to finance either Trump or Biden in the election, but "his decision to open his pocketbook presents an opportunity for him to become a financial juggernaut for Republicans."

About America PAC

Among the external organizations that support Trump, America PAC spends the most on direct contact with voters.

So far, it has spent $15.8 million, of which $13.1 million went to field operations, according to federal data. He also paid for digital media, text messages, and phone calls to reach voters.

US election

The United States will hold a presidential election in 2024. Current President Joe Biden and former President Donald Trump are the main contenders for the post. The election is scheduled for early November 2024.

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