Elon Musk has donated nearly $75 million to America PAC, a super PAC he created to support the former president. Donald Trumpaccording to campaign finance documents from the band late Tuesday.
The filing with the Federal Election Commission was the first public look at Musk’s political giving this year after months of speculation about how much he would contribute to pro-Trump efforts. This suggests that he has risen to the top ranks of Republican donors.
Tesla and SpaceX CEO Musk is the world’s richest man with a fortune of $241 billion. Bloomberg Billionaires Index.
He created America PAC in May to support Trump’s campaign to return to the White House. Super PAC focused on voter turnout efforts In potential swing states like Pennsylvania, where Musk was recently He went on stage with Trump.
Musk gave the super PAC $14.95 million in July, $30 million in August and $30 million in September, according to the filing. He was the super PAC’s only donor during that period, the filing said, although in June the super PAC disclosed several donations from Musk’s associates, including five donations of $1 million each.
A spokeswoman for America PAC declined to comment on the filing.
The documents cover donations up to September 30. Other filings before the Nov. 5 election may show additional donations from Musk or others.
After spending heavily in the third quarter, the super PAC had just under $4 million on hand as of Sept. 30, according to the filing.
The extent of Musk’s contributions to the pro-Trump effort has drawn intense speculation. In July, at a rally in Michigan, Trump called Musk’s “he gives me 45 million dollars a month” – figure Musk argued a few days later in an interview with podcaster Jordan Peterson. Later in July, Musk said in a post on X that he supported Trump “but at a very low level.”
Musk gave smaller amounts this year to other Republican committees, including the California Republican Party and the National Republican Congressional Committee.
Fewer than Musk has given this year to Republican or pro-Trump efforts. Republican megadonor Miriam Adelson He gave 95 million dollars in the third quarter The super PAC he used to support Trump.