Bloomberg News reports:
Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House, a major gambit by the world’s richest person to make his imprint on the US political landscape.
Musk has contributed to a low-profile group called America PAC, according to people familiar with the matter, who requested anonymity to detail his plans. It’s unclear how much Musk has given, but the people characterized the figure as a sizable amount.
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.
Read the full article.
As it turns out, nobody believed this then with good reason. He’s always super clear about not doing stuff right before he does it. pic.twitter.com/aVokkm9iqU
— Ron Filipkowski (@RonFilipkowski) July 13, 2024
MUSK: (March): Just to be super clear, I’m not donating to either candidate
MUSK: (July) Donates to Trump pic.twitter.com/4QTWqPOsmo
— Judd Legum (@JuddLegum) July 13, 2024
The least surprising news of this election cycle. In addition to the money he puts in, the algorithm of this platform is an in-kind contribution which far exceeds it. He will do everything he can to put his thumb on the scale. https://t.co/uQO189pYqn
— Ron Filipkowski (@RonFilipkowski) July 12, 2024