Elon Musk Allegedly Donates to Pro-Trump Political Group

Written by Kathrine Frich

Jul.13 - 2024 3:01 PM CET

Politics
Photo: Frederic Legrand - COMEO / Shutterstock.com
Photo: Frederic Legrand - COMEO / Shutterstock.com
Despite Musk’s public denials of political donations, sources indicate that his contribution was significant.

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Elon Musk, the billionaire CEO of Tesla and SpaceX, has reportedly donated a substantial amount to America PAC, a political group supporting Donald Trump’s presidential candidacy, according to Ziare.

Discloses Donors July 15

Despite Musk’s public denials of political donations, sources indicate that his contribution was significant.

America PAC is required to disclose its donors by July 15, which will confirm Musk's involvement. The move aligns with Musk's recent criticisms of President Joe Biden. Biden's campaign spokesperson, James Singer, responded by accusing Trump of planning to reduce taxes for the wealthy, including Musk, while increasing them for the middle class.

Musk, the world's richest person, has been visibly shifting towards the Republican Party in recent years. His relationships with high-profile Republicans, including Trump, who praised Musk’s work with Tesla, have raised eyebrows. Trump and Musk have had several conversations, with Trump expressing admiration for Tesla’s electric trucks.

Met Up In March

Despite this, Musk has avoided openly endorsing any candidate. In March, Musk met with Trump and other wealthy donors but denied any financial support for presidential candidates. He also refuted claims of a potential advisory role in a future Trump administration.

Musk's evolving political stance has impacted his reputation among consumers. A CivicScience poll revealed that his criticisms of Biden’s policies, particularly on immigration and electric vehicles, have swayed public opinion.

Meanwhile, Biden faces calls from within his party to reconsider his re-election bid, with concerns about his age and capability to handle another four-year term.