Elon Musk Gives ‘Sizable’ Donation To Trump PAC

Elon Musk, the influential billionaire behind Tesla and SpaceX, has made a notable donation to America PAC, a political action committee aimed at supporting former President Donald Trump. Described as “sizable” by those familiar with the matter, the donation signals a significant political shift for Musk. The PAC is required to disclose its donors by July 15.

Despite previously denying any support for presidential candidates, Musk’s recent actions suggest a change in his stance. On March 6, Musk took to social media to state, “Just to be super clear, I am not donating money to either candidate for US President.” However, his substantial contribution to the Trump-aligned PAC indicates a newfound involvement in the political sphere.

In March, Trump met with Musk and other prominent donors. At the time, Musk publicly maintained that he had not contributed to any campaigns. He reiterated this position in May, denying reports that he might serve in an advisory capacity under a possible Trump administration.

Although Musk has not been a prolific political donor in the past, he has supported a range of politicians from both parties, including Hillary Clinton, Barack Obama, Marco Rubio, George W. Bush, and John Kerry. His companies, Tesla and SpaceX, have benefited from federal contracts and subsidies, adding a layer of complexity to his political activities.

Musk’s relationship with President Biden has been strained since Tesla’s exclusion from a White House electric vehicle summit in 2021. This exclusion prompted Musk to encourage his followers to vote Republican in the 2022 midterms. After acquiring Twitter in 2022, Musk reinstated Trump’s account, aligning himself more closely with conservative interests.

The donation to America PAC underscores Musk’s increasing political involvement and highlights ongoing tensions with the Biden administration. As the political landscape evolves, Musk’s actions will continue to attract significant attention and speculation.