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Elon Musk Allies Help Start Pro-Trump Super PAC [1]

['Theodore Schleifer']

Date: 2024-07-15  

Some of Elon Musk’s closest friends have helped start a new super PAC meant to help former President Donald J. Trump, creating an avenue for Mr. Musk and his $250 billion fortune to potentially play a significant role in the 2024 presidential race.

The group, America PAC, is likely to draw significant support from Mr. Musk, according to three people close to the group who spoke on the condition of anonymity; it is not confirmed whether he has already donated. The group’s founding donors span Mr. Musk’s social circle and include a tight-knit network of wealthy tech entrepreneurs who frequently finance one another’s startups, philanthropic projects and favored political candidates.

Mr. Musk had not donated to the super PAC as of June 30, the end of the most recent disclosure period, according to a Monday filing with the Federal Election Commission. But his tilt to the right, especially in his commentary on his social media site X, has left Republicans hoping he will wade more into funding conservative candidates and causes. On Saturday, soon after Mr. Trump survived an assassination attempt, Mr. Musk went on X to issue a full-throated endorsement of the former president.

In the spring, one leader of America PAC told a friend that the group expected to have a major donor who would make donations in four batches, adding up to as much as $160 million over the course of the campaign. The friend, who insisted on anonymity, was not told the identity of the megadonor.

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[1] Url: https://www.nytimes.com/2024/07/15/us/politics/elon-musk-trump-super-pac.html

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