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PulseReporter > Blog > Money > Elon Musk sunk $75 million into his pro-Trump PAC in Q3
Money

Elon Musk sunk $75 million into his pro-Trump PAC in Q3

Last updated: October 16, 2024 3:39 pm
10 months ago
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Elon Musk sunk  million into his pro-Trump PAC in Q3
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Within the span of three months, Elon Musk gave $75 million to his America PAC, a political motion committee working to see that Donald Trump is elected president in November, catapulting him to close the highest of the Republican Occasion’s donor listing.

The donations got here between July and September of this yr, in keeping with federal filings that have been made public on Tuesday. Musk was the only real donor to the PAC within the newest quarter, although earlier donors embrace Palantir Applied sciences co-founder Joe Lonsdale and the Winklevoss twins.

Whereas well-funded, America PAC has had some challenges in getting up and working, firing a number of distributors and pausing its promoting. Musk famous this on social media, posting “Sorry, so many dumb issues taking place. Engaged on fixing.”

The PAC is spending a lot of its consideration on get-out-the-vote operations in swing states.

Musk endorsed Trump within the 2024 election after a gunman opened hearth at a Trump rally, killing a spectator and injuring the previous president. He has additionally joined Trump at rallies and advocated for him vigorously on Twitter/X, together with posts about Kamala Harris which were factually questionable.

As of Tuesday night time, America PAC has spent greater than $100 million in its assist of Trump. It has not, nevertheless, paid for any tv ads, which PACs usually spend their funds on. Canvassing, digital advertisements and unsolicited mail have been its focus.

Along with Trump, the PAC has additionally lent assist to some Republican Home and Senate candidates.

Harris, in the meantime, raised $653 million within the third quarter throughout two fundraising committees. An entire image of presidential fundraising might be out there Sunday, when each campaigns file further studies.

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