<p>X owner Elon Musk has pledged that he will give a new super PAC supporting former President Donald Trump tens of millions of dollars per month.</p>
<p>The Wall Street Journal <a href="https://www.wsj.com/politics/elections/elon-musk-has-said-he-is-committing-around-45-million-a-month-to-a-new-pro-trump-super-pac-dda53823">reported</a> Musk that is committing to giving $45 million a month to America PAC. Other major backers of the PAC include Palantir Technologies co-founder Joe Lonsdale, the Winklevoss twins, former U.S. ambassador Kelly Craft and her husband, Joe Craft, who is the CEO of Alliance Resource Partners, the report said.</p>
<p>The political action committee is focused on &#8220;registering voters and persuading constituents to vote early and request mail-in ballots in swing states,&#8221; the report said, adding that the group wanted to neutralize the massive advantage Democrats have had for years with their “get out the vote” campaigns.</p>
<p>Lonsdale has aggressively pushed his network of powerful entrepreneurs to give to the group, The New York Times <a href="https://www.nytimes.com/2024/07/15/us/politics/elon-musk-trump-super-pac.html?unlocked_article_code=1.7k0.Z8RQ.EXhlgrlNnl5u&amp;smid=nytcore-ios-share&amp;referringSource=articleShare&amp;sgrp=c-cb">reported</a>.  Some of the major contributions that group has received so far include $1 million from Lonsdale&#8217;s personal company, $1 million from SpaceX board director Antonio Gracias, $1 million from early PayPal executive Ken Howery, and $500,000 from Sequoia Capital investor Shaun Maguire.</p>
<p>Musk officially endorsed Trump over the weekend just after a 20-year-old would-be assassin shot and injured Trump at a political rally in Pennsylvania.</p>
<p>&#8220;I fully endorse President Trump and hope for his rapid recovery,&#8221; Musk posted.</p>
<blockquote class="twitter-tweet">
<p dir="ltr" lang="en">I fully endorse President Trump and hope for his rapid recovery <a href="https://t.co/ZdxkF63EqF">pic.twitter.com/ZdxkF63EqF</a></p>
<p>— Elon Musk (@elonmusk) <a href="https://twitter.com/elonmusk/status/1812256998588662068?ref_src=twsrc%5Etfw">July 13, 2024</a></p></blockquote>
<p>Hedge fund manager Bill Ackman, who is friends with Musk, also endorsed Trump following the assassination attempt, posting on X: “I am going to formally endorse @realDonaldTrump. I came to this decision some time ago as many @X followers have already understood from my supportive posts of Trump and my criticisms of @POTUS Biden.”</p>

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Elon Musk Pledges Staggering Sum Of Money To Elect Trump