Elon Musk Injects ‘Sizable Amount’ of Cash to Pro-Trump Super PAC

Despite Elon Musk writing in March, “I am not donating money to either candidate for US President,” the billionaire has donated to a super political action committee working to elect former president Donald Trump in 2024, Bloomberg reported.

The publication said it is unclear how much Musk contributed to America PAC, but described the donation as a “sizable amount,” according to sources. Bloomberg added that on July 15, the low-profile political group will be required to disclose its donors.

Earlier this year, just days before his comments in March, Musk met with Trump and a group of prospective donors at Montsorrel in Florida, the Palm Beach home of fellow billionaire Nelson Peltz.

The following month, Musk held a dinner in Los Angeles, California with prominent right-wing figures, including Peltz, Silicon Valley investor Peter Thiel, media mogul Rupert Murdoch, and Steven Mnuchin, Trump’s former treasury secretary, among the guests. The gathering involved strategizing ways to raise funds to beat Democrats at a national level, according to the Puck report.

And in May, The Wall Street Journal reported that Trump and Musk had been in contact for months about possibly placing the Tesla CEO in an advisory role if the former president wins re-election this fall. Multiple sources said the SpaceX founder calls Trump several times a month, per the WSJ.

Musk, who sits at the top of the Bloomberg Billionaires Index with a net worth of $263.6 billion, previously claimed that before 2022, he never voted for a Republican, but has since embraced Republican politics, especially through his platform X (formerly Twitter). Musk has also come under fire for using X to endorse antisemitic conspiracy theories and reinstating right-wing extremists and peddlers of misinformation previously banned from the platform.