Elon Musk dropped nearly $300M supporting Donald Trump in 2024

Billionaire indicated his America PAC will ‘keep grinding’ during future elections

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Elon Musk, the richest guy in the world, spent more than $ 290 million in Donald Trump and his Maga allies in the crusade last year.

The staggering figure was revealed after Musk submitted new filings to the Federal Election Commission covering the last five weeks of 2024. Prior filings reported in December had Musk’s total at more than $250 million.

The newer musk warehouses come with files that appear that has put more than $ 11 million in its AMERICA PAC on the eve of the New Year for its “petition incentives. ” Musk’s finishing contributions connected with the $ 1 million gift for the registered electorate signed a petition on the PAC in the last weeks of the presidential race, reports CNN.

While the gifts faced legal challenges, Musk despite all the legal to make them. The gifts charge him more than $50 million, according to deposits.

The presentations also reveal that Musk has given millions to Republican applicants and approved more than $ 10,000 in checks to dozens of Committees of the Republican Party in the State, according to CNN.

Previous deposits for 2024 also showed that Musk directed $20. 5 million in the RBG PAC, named Ruth Bader Ginsburg, last year due to the liberal Supreme Court. The group, whose sole donor Musk, defended Trump’s revisions on abortion and spent a large component of the budget on ads and text messages that claimed Trump’s revisions on abortion were similar to Ginsburg’s.

The organization aroused the complaint of the granddaughter of Ginsburg, who described her as “affront” his inheritance.

Musk’s donation sum is quite high and rivaled by only a few competing mega-donors, according to CNN. The South African-born entrepreneur is now leading Trump’s Department of Government Efficiency, a newly formed advisory department designed to slash federal spending through budget cuts and mass firings.

Musk said his PAC America will “continue to shrink” beyond the 2024 presidential election, indicating that it can play a major role in the 2026 midterm elections.

Trump also has millions that go to other sources. After the elections, he changed his crusade account to PAC never yields. The committee has more than $ 27 million in hand by 2025, CNN reports, but it owes only around $ 11 million to a telemarketing company.

However, the Committee also owes approximately $ 5 million of the Secret Service and the media media for air trips.

Meanwhile, Maga Inc. , Big Pro-Trump Pac, also raised $18. 3 million at the end of the year, CNN reports.

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