Tesla and SpaceX CEO Elon Musk listens to a speech by Republican presidential candidate former President Donald Trump at a campaign event in Butler, Pennsylvania on October 5th.
Alex Brandon/Associated Press
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Alex Brandon/Associated Press
Elon Musk is now a major Republican donor.
Musk, estimated to be the world’s richest person, is the sole donor to the political action committee he founded, America PAC, which helped support Donald Trump’s campaign from July to September. He spent about $72 million to support his re-election bid, a new quarterly report filed with the US revealed. Federal Election Commission.
Mr. Musk’s $75 million donation was one of several large fundraisings disclosed in an FEC filing Tuesday. Musk, along with prominent Silicon Valley figures including venture capitalists Marc Andreessen and Ben Horowitz, who each donated $2.5 million to a super PAC aligned with the former president, joined Trump in the filing, according to the filing. I supported it. (Horowitz then stated that he intended to make “”)large donation“To support Harris.”
Since its launch in May, Musk’s super PAC has quickly emerged as a key part of the effort to return Trump to the White House, seeking to win votes in key battleground states. Musk endorsed Trump in July following the former president’s assassination attempt and has since become a vocal supporter. Earlier this month, the billionaire head of Tesla and SpaceX even appeared on stage with President Trump after he returned to the scene of the assassination attempt.
Outside of Silicon Valley, Miriam Adelson, a longtime powerhouse in Republican politics along with her late husband, casino magnate Sheldon Adelson, has contributed $100 million worth of funding to her Preserve America super PAC so far this year. I am doing it.
Railroad heir Timothy Mellon is this cycle’s largest individual donor. He donated $125 million to the “Make America Great Again” super PAC earlier this year.
Despite the glut of money in non-Republican groups, the groups most closely associated with the Trump campaign could not match Vice President Harris’ fundraising total. Trump 47 has fewer rules and more responsibilities than a super PAC. his campaign expenseswhich raised $145 million this summer.
Vice President Harris’ comparable community chest, the Harris Victory Fund, raised $633 million during the same period.
Her alliance’s super PAC, known as Future Forward, has raised $175 million this calendar year, including during President Biden’s campaign.
The group’s biggest individual supporters are Mike Bloomberg, who donated $19 million, and LinkedIn founder Reid Hoffman, who donated $10 million.
