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US Election 2024: Elon Musk Makes SHOCKING $15.8M Donation to Trump’s PAC

Story Highlights
  • Elon Musk has made a significant financial contribution to America PAC, supporting Donald Trumpโ€™s re-election campaign.

  • Muskโ€™s donation could enhance Trumpโ€™s fundraising advantage, raising questions about his political intentions.

  • Musk expressed confidence in artificial intelligence.

Elon Musk, a figure known for his previously apolitical stance, has recently made headlines with a notable financial contribution to America PAC, a group dedicated to re-electing former President Donald Trump. This sizeable donation marks a significant departure from Musk’s earlier position of political independence and reluctance to engage in partisan politics.

Here’s more about this below.

Musk Backs Trump At A Critical Time

Musk’s backing of Trump is critical. Trump has surpassed President Joe Biden in fundraising, benefiting from wealthy Wall Street and corporate donors. Muskโ€™s involvement could further bolster Trumpโ€™s campaign, offering a significant financial advantage. In his earlier statements, Musk explicitly denied donating to any Presidential candidates in March. Therefore, this has sparked debates over his true political intentions. 

In May, Musk had also refuted any discussions about a potential advisory role in the Trump administration. Despite this, America PAC, which has already invested $15.8 million in field operations, digital media, and voter outreach in crucial battleground states, is set to release its list of donors on July 15. The timing and amount of Muskโ€™s contribution are likely to raise questions and stir debates about his political leanings.

Trump And Muskโ€™s Complicated Relationship

Notably, the former US President and Musk have clashed in the past but Musk has also advised Donald Trump on electric vehicle policies. Musk has mentioned that Trump occasionally calls him โ€˜out of the blueโ€™. The connection along with Muskโ€™s recent financial support indicates a growing alliance between the two. Muskโ€™s alliance could significantly impact the US 2024 Elections.

Trump last month restated his pledge to immediately abandon the Biden administration’s mandate to support the electric vehicle industry. But he had claimed to be a big fan of electric cars and a fan of Musk. 

Musk also stated that while they had some conversations and Trump is a huge fan of the Cybertrucks referring to Tesla’s electric pickup trucks, he has not made any formal endorsement in November’s contest and Trump has said he did not know if he has Musk’s support.

Muskโ€™s Confidence in AI

In a separate development, Musk has taken to X to downplay concerns about artificial intelligence, referring to it as “strawberry fields forever.” His statement, made in light of OpenAI’s new reasoning technology, Strawberry, reflects his optimism about AIโ€™s future potential.

Read Also: Top 3 PolitiFi Altcoins For 10X Profits In Q3 2024

What are your thoughts on Muskโ€™s surprising political move? Will his donation sway the 2024 election?

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