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USA | Jul 16, 2024

Elon Musk to support Trump with a monthly US$45 million political donation? 

Al Edwards

Al Edwards / Our Today

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Elon Musk, chief executive officer of SpaceX and Tesla and owner of X speaks at the Milken Conference 2024 Global Conference Sessions at The Beverly Hilton in Beverly Hills, California, U.S., May 6, 2024. (Photo: REUTERS/David Swanson)

Since the assassination attempt on former President Donald Trump last Saturday (July 13), the Republican nominee has garnered vast support across the United States.

The Wall Street Journal is reporting that X and Tesla boss Elon Musk has pledged US$45 million a month to a Trump Super-PAC to ensure the real estate mogul returns to the White House in January 2025.

Musk had said earlier this year that he did not intend to support Biden nor Trump in their presidential race.

Trump’s fundraising efforts have gone into overdrive over the last two months, more so after the first televised presidential debate during which President Biden came across as incoherent and befuddled. 

The shooting incident on Saturday has brought in even more support for Trump who now leads the polls. 

There is a growing momentum with donations from big corporate players keen on Trump’s promise to reduce taxes.

Reports coming in are that Musk is yet to corroborate this Wall Street Journal story and may have refuted it, writing on X, “Fake Gnus”. 

Screens showing Republican presidential candidate and former U.S. President Donald Trump on Day 1 of the Republican National Convention (RNC) at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. (Photo: REUTERS/Brian Snyder)

Musk is said to be worth US$250 billion and is now leaning more toward Trump and his policies to return as President of the United States. 

The man who founded Starlink posted a statement on X last Saturday which read: “I fully endorse President Trump and hope for his rapid recovery. Last time America had a candidate this tough was Theodore Roosevelt.” 

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