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Musk plans to give $45 mln a month to new pro-Trump PAC, WSJ reports
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Musk plans to give $45 mln a month to new pro-Trump PAC, WSJ reports
Jul 16, 2024 4:28 AM

WASHINGTON, July 15 (Reuters) - Billionaire Elon Musk

has said he plans to commit around $45 million a month to a new

pro-Trump super political-action committee, the Wall Street

Journal reported on Monday, citing people familiar with the

matter.

Musk had indicated that he planned to start his donations in

July to the America PAC, backing former President Donald Trump's

presidential run, the newspaper said. However, the South

Africa-born businessman was not listed on a Monday filing by the

group, which shows that it has raised more than $8 million.

Lonsdale Enterprises and the Winklevoss twins were among the

donors to America PAC. Lonsdale donated $1 million, and Cameron

and Tyler Winklevoss each contributed $250,000.

Musk, the world's richest person and the billionaire chief

executive of Tesla, did not respond to Reuters' request

for comment. On X, he replied to a Wall Street Journal post of

the report with a meme featuring the words "fake gnus," in an

apparent reference to so-called fake news.

Lonsdale also did not respond to Reuters' request for

comments.

On Saturday, Musk publicly endorsed Trump for the first time

in the U.S. presidential race, hours after Trump was shot in the

ear during a campaign rally.

This move cements Musk's shift towards right-wing politics

and gives Trump a high-profile backer in his bid to return to

the White House in the Nov. 5 election.

Trump chose Ohio U.S. Senator J.D. Vance on Monday to be his

vice presidential running mate, as the Republican Party

officially nominated the former president to run again for the

White House.

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