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Elon Musk and Tech Elite Support Trump with Millions in ...
2024-07-17 00:02:30
Politics
Technology

Elon Musk and Tech Elite Support Trump with Millions in Donations

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Elon Musk, the tech billionaire, has pledged to donate $45 million per month to a new fund aimed at supporting Donald Trump's reelection campaign, according to reports. The fund, called America PAC, will focus on voter registration, early voting, and mail-in voting in swing states.

Musk is one of several major donors to the fund, which also includes Palantir co-founder Joe Lonsdale, former US ambassador to Canada Kelly Craft, and crypto investors Tyler and Cameron Winklevoss. Musk recently announced his full support for Trump and hopes for his quick recovery after narrowly escaping an assassination attempt during a campaign event in Pennsylvania.

Despite individual campaign donations being limited to $3,300 per person, loopholes in the campaign finance system allow large donors to contribute to supporting funds for candidates.

Related news on that topic:

Elon Musk Pledges $45 Million Monthly to Support Donald Trump's ... Re-election Bid

Tech billionaire Elon Musk has announced his intention to donate $45 million per month to America PAC, a political group supporting Donald Trump's campaign for re-election. The PAC will focus on voter registration, early voting, and mail-in ballots in swing states, which are crucial for determining election outcomes. Musk joins other major donors such as Palantir co-founder Joe Lonsdale, former US ambassador to Canada Kelly Craft, and crypto investors Tyler and Cameron Winklevoss. Musk's endorsement of Trump comes after the former president narrowly escaped an assassination attempt at a campaign event in Pennsylvania. Loopholes in campaign finance regulations allow wealthy individuals to contribute to PACs, supporting candidates beyond the limits of individual donations. This move by Musk, the world's richest person with an estimated net worth of $250 billion, further strengthens Trump's re-election bid.

The Impact of Elon Musk's Trump Endorsement After Failed ... Assassination Attempt

Following a failed assassination attempt on former President Donald Trump at a rally, prominent business figures like Elon Musk, David Sacks, and Bill Ackman have endorsed Trump, sparking a wave of controversial discussions. The endorsement by Musk, known for his ownership of a popular social media platform and his polarizing persona, raises questions about the future implications for Tesla, as Trump's policies directly oppose Biden's EV initiatives, which could potentially harm the company's prospects. The surge in Trump merchandise sales, featuring images from the assassination attempt, highlights the intense loyalty and support among his followers, while also stirring concerns about the impact of such marketing tactics. Additionally, the unexpected turn of events with Trump being celebrated as the Republican presidential candidate, accompanied by promises of campaign support from tech billionaire Elon Musk, further amplifies the political and economic ramifications of this high-profile endorsement. The aftermath of the failed assassination attempt not only showcases the resilience of populist leaders but also underscores the intricate intersections between business, politics, and public perception in the contemporary landscape.

The press radar on this topic:

The Verge
16. Juli 2024 um 16:09

Elon Musk and tech elite back a pro-Trump super PAC

Politics
Economy
Technology
Finance
Prominent tech figures, including Elon Musk's friends, have donated millions to a pro-Trump super PAC called America PAC. The PAC aims to register voters and encourage early/mail-in voting in swing states. Donors include Palantir cofounder Joe Lonsdale, venture capitalist Doug Leone, and investor/podcast host David Sacks. The PAC has reportedly hired hundreds of employees and spent over $6.6 million on Trump's behalf.
CoinDesk
16. Juli 2024 um 16:14

Cameron and Tyler Winklevoss Each Contributed $250,000 to New Trump-Aligned Super PAC

Politics
Technology
Economy
Finance
America PAC has raised $8.75 million from tech and venture capital executives, including Gemini co-founders Cameron and Tyler Winklevoss, who each contributed $250,000; Palantir co-founder Joe Lonsdale; and Troy Link, CEO of Jack Link's Beef Jerky. Elon Musk has reportedly committed to donating $45 million per month to the PAC, though he has denied the report.
Inc.com
16. Juli 2024 um 17:54

Musk spendet Millionen an Trump und spricht über Verzögerung beim Robotaxi-Start

Politik
Technologie
Wirtschaft
Elon Musk plant, 45 Millionen Dollar pro Monat an ein pro-Trump PAC zu spenden. Er hat öffentlich Trumps Präsidentschaftskandidatur für 2024 unterstützt. Musk hat den Start von Teslas Robotaxi verschoben, um Designänderungen vorzunehmen und andere Funktionen zu präsentieren. Lonsdale Enterprises und die Winklevoss-Zwillinge haben an das pro-Trump PAC gespendet. Trump hat J.D. Vance als seinen Kandidaten für 2024 ausgewählt.
Inc.com
16. Juli 2024 um 21:11

Marc Andreessen und Ben Horowitz schließen sich Elon Musk auf Trumps Zug an und versprechen ihre Stimmen und finanzielle Unterstützung

Technologie
Politik
Finanzen
Die Tech-Führer Marc Andreessen und Ben Horowitz planen, Trumps Kandidatur für 2024 finanziell zu unterstützen. Ihr VC-Unternehmen Andreessen Horowitz hat die pro-Krypto-PAC Fairshake und das Verteidigungstechnikprojekt American Dynamism finanziert. Auch Elon Musk und Hedgefonds-Manager Bill Ackman haben Trump unterstützt.
CW

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