by Hailey Gomez
Billionaire Elon Musk has made a “significant” donation to a super political action committee (PAC) that is helping to elect former President Donald Trump in the 2024 election, sources told Bloomberg.
Musk’s alleged super PAC donation went to a little-known group known as America PAC, sources familiar with the matter said. departure. While the donation amount was not disclosed, the PAC is expected to announce the donor list on July 15.
Musk is known to express his worries for election integrity when it comes to President Joe Biden’s campaign on his social media platform X (formerly known as Twitter), noting strategies that prompted corporate media to oppose the billionaire. Musk was also reported In May, he engaged in an ongoing campaign among elites aimed at persuading influential national business executives to no longer support Biden for re-election, The Wall Street Journal reported.
Following the June debate, the Democratic Party was thrown into chaos over the decision to retain Biden as the party’s nominee amid concerns about his mental health and falling poll ratings. calls triggered for the president to step down. But lawmakers weren’t the only ones speaking out against Biden.
A recent report published Friday by The New York Times revealed that major Democratic donors have withheld an estimated $90 million in donations to the largest pro-Biden super PAC until Biden drops out of the race. Despite concerns and calls, Biden and his officials have repeatedly said he will remain in the race, and the president defiant Democrats will “run” against him at the party convention in August.
Musk has not yet officially endorsed any candidate in the 2024 presidential race.
Major names in cryptocurrency and venture capital, as well as some former Democratic donors, announced their support for the former president in early June at a fundraiser hosted by venture capitalists David Sacks and Chamath Palihapitiya. When Trump ventured to San Francisco, a deep Democratic stronghold, the former president ultimately raised $12 million, which Sacks later he stated in an interview with Fox News’ Jesse Watters, claiming the amount exceeded the goal by $6 million.
Sacks revealed that many Silicon Valley donors had never donated to Republicans or Trump before the event, noting that many felt Biden was “scaring people away” in the industry due to a “very hostile agenda toward innovation” involving advances like artificial intelligence.
Elon Musk, America PAC and the Trump campaign did not immediately respond to a request for comment from the Daily Caller News Foundation.
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Hailey Gomez is a reporter at the Daily Caller News Foundation.
