WSJ: Musk Is Giving $45M/Month To Pro-Trump PAC

The New York Post reports:

Elon Musk plans to donate around $45 million per month to a new political group backing ex-President Donald Trump in the 2024 election, according to a report.

The Tesla boss — who fully endorsed Trump in the wake of the weekend assassination attempt — is one of several tech moguls contributing to the America PAC, sources told the Wall Street Journal.

America PAC was formed in Austin, Texas in May – where Musk’s electric car company Tesla is headquartered. Musk, 53, has already donated a “sizeable amount” of money to America PAC, the total of which has not yet been disclosed.

Read the full article.

The legal max a person can donate to a candidate is $3300.

But, when billionaires like Elon Musk exploit our broken campaign finance laws to donate $45 million a month to a candidate, we’re no longer a democracy and it’s no longer an election — it’s an oligarchy and an auction. pic.twitter.com/pBQmG5J9z1

— Melanie D’Arrigo (@DarrigoMelanie) July 16, 2024