WASHINGTON (AP) - Elon Musk, a tech mogul who is the world’s richest person, plunged more than $70 million into helping Donald Trump and other Republicans win in November’s election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finance disclosures released this week.
Elon Musk commits $70 million to boost Donald Trump
WASHINGTON (AP) - Elon Musk, a tech mogul who is the world’s richest person, plunged more than $70 million into helping Donald Trump and other Republicans win in November’s election, making him one of the biggest donors to GOP causes this campaign season, according to campaign finance disclosures released this week.
Musk made the donated over the summer to America PAC, a super political action committee he launched in May to aid Trump in his bid to return to the White House. It quickly became a central player in Trump’s election effort.
"The America PAC is just aiming for common sense, centrist values," the Space X and Tesla founder said Tuesday on his social media platform X, shortly after the sum of money he contributed was made public in a campaign finance filing.
Super PACs like Musk’s America PAC can raise and spend unlimited sums of money but are typically are forbidden from coordinating their efforts with the candidates they support. A recent opinion by the Federal Election Commission, which regulates federal political campaigns, allowed for candidates and these big-spending groups to work together on so-called ground game efforts, which are the armies of people deployed to knock on doors to help turn out the vote.