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Reading: Elon Musk gives a sizable amount’ to political organizations that support Donald Trump, according to reports.
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Baner Club > Blog > Business > Elon Musk gives a sizable amount’ to political organizations that support Donald Trump, according to reports.
BusinessPoliticsUnited States

Elon Musk gives a sizable amount’ to political organizations that support Donald Trump, according to reports.

Reports state that billionaire Elon Musk has contributed to a political organization that supports Donald Trump's candidacy for president

Last updated: 2024/07/15 at 8:15 AM
Published July 15, 2024
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The sum was unknown, although Bloomberg reported citing sources that it was “a sizable amount” paid to America PAC.
According to Bloomberg, the PAC, an organization that is exempt from taxation for political activities, must reveal its donor list on July 15th.

Trump spoke with Musk and other affluent fundraisers in March. He is anticipated to formally nominate himself as the Republican Party’s nominee for the election on November 5th, which takes place next week.

“Just to be super clear, I am not donating money to either candidate,” the billionaire, who was born in South Africa, said on X in reaction to news about the encounter.

News has contacted Musk’s representatives about the reports. Musk is the owner of the social networking platform X, the rocket manufacturer SpaceX, and the electric automobile manufacturer Tesla.

According to James Singer, a spokesman for the Biden team, Musk is aware that Trump is “a sucker who will sell America out, cutting his taxes while raising taxes on the middle class by $2,500”.

Joe Biden stated that he will prevail in November because, throughout his career, he has stood up to individuals like Elon and fought for the middle class.

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admin July 15, 2024 July 15, 2024
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