Elon Musk has said he plans to commit around $45 million a month to a new super political-action committee backing former President Donald Trump’s presidential run, according to people familiar with the matter.
Other backers of the group, called America PAC, include Palantir Technologies PLTR 2.14%increase; green up pointing triangle co-founder Joe Lonsdale, the Winklevoss twins, former U.S. ambassador to Canada Kelly Craft and her husband, Joe Craft, who is chief executive of coal producer Alliance Resource Partners ARLP -0.04%decrease; red down pointing triangle.
Formed in June, America PAC is focused on registering voters and persuading constituents to vote early and request mail-in ballots in swing states, according to one of the people. The coalition assessed that the Democrats have historically had very robust “get out the vote” campaigns and took note of the amounts of money that the Biden camp has dedicated to so-called on-the-ground efforts in swing states. America PAC will try to counter that.
Musk is currently the world’s richest person, with an estimated fortune exceeding $250 billion. The amount that he has said he plans to commit to America PAC is an extraordinary sum.
While it can be difficult to trace the full scope of some political giving, the largest known donation of the 2024 election so far is $50 million given recently by the great-grandson of banker Thomas Mellon to a super PAC supporting Trump.
America PAC has hired hundreds of employees for its efforts, and has been registering voters, having conversations with constituents in swing states and urging voters to request mail-in ballots, some of the people familiar with the matter said.
@MercifulBobcatRepublican10mos10MO
Heck, actual rich people supporting Republicans! What a concept.
For all my life, only Democrats have received vocal, high dollar amounts from the wealthy. If some of them are becoming Republicans after all this time, the game really is about to change.
@TwoPartyJakeDemocrat10mos10MO
You got it wrong, amigo. Corporate titans have traditionally supported the Republicans, the party of the megarich. Take a look at Trump's big donors. Although they will lament the deficit, these folks love the juicy tax breaks that push cost of government onto the middle class. Remember how Warren Buffet documented how his secretary lost a much higher portion of her earnings to taxes than he did?
@R3publicanBaboonRepublican10mos10MO
That’s a helluva gamble to take on their businesses, knowing how vengeful the Progs are against those who oppose them.
@FilibusterBobAmerican Solidarity10mos10MO
Very true. Here in deep blue CA, I often hear people say that they think Tesla makes great cars, but they can't buy one because of Musk. I tell them that we bought one because of Musk, which usually elicits a confused look, like I'm speaking in a foreign language.
@BenevolentInaugurationNo Labels10mos10MO
I’m not that old, pushing 40, but I can unequivocally say this is the most exciting election I have ever experienced.
Thank you Elon. Trump / Vance 2024. It’s time for REFORM.
@ISIDEWITH10mos10MO
@ISIDEWITH10mos10MO
@ISIDEWITH10mos10MO
@ISIDEWITH10mos10MO
@ISIDEWITH10mos10MO
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