RedState
Game-Changer? Multi-Billionaire Elon Musk Steps off the Sidelines, Donates 'Sizable Amount' to Trump PAC
By Bob Hoge | 6:00 AM on July 13, 2024
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AP Photo/Michel Euler
Although Twitter/X owner and Tesla CEO Elon Musk has taken strong stances in favor of free speech and against censorship—which somehow have become Republican causes instead of American ones—he has avoided declaring his allegiance to either the Democrats or GOP.
But that may have all changed, as reports indicate that he donated a "sizable amount" to America PAC, “a super political action committee working to elect former President Trump.” The PAC is required to disclose its list of donors on July 15, Bloomberg reports.
If Musk has decided it’s time to put his gargantuan fortune to work for Trump, it could have major ramifications in the '24 presidential election:
The move highlights the growing influence of a technology mogul who tops the Bloomberg Billionaires Index with a net worth of $263.6 billion and his shift from a self-described political independent — who said he preferred to stay out of politics — into a figure who regularly uses his X social-media platform to espouse right-leaning views and assail Democrats.
The money injection from Musk comes at a time when Trump has overtaken his rival, President Joe Biden, in fundraising with the help of deep-pocketed Wall Street and corporate donors. Biden’s own money raising has dropped off following a calamitous debate that led prominent Democratic donors to put away their checkbooks.
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READ MORE: https://redstate.com/bobhoge/2024/07/13/game-changer-multi-billionaire-elon-musk-steps-off-the-sidelines-donates-sizable-amount-to-trump-pac-n2176766
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