Elon Musk has contributed an additional $56 million to support Donald Trump and other Republican candidates, bringing his total political donations to at least $132 million for the 2024 election cycle, according to federal disclosures.
The latest contributions were revealed in filings with the Federal Election Commission, indicating Musk's significant financial backing of Trump's presidential campaign and Republican candidates in both the House and Senate.
During the first half of October alone, Musk donated approximately $44 million to his pro-Trump super PAC, America PAC. This follows a previous report that indicated he had contributed around $75 million from July to September.
America PAC is focused on mobilizing voters in key battleground states, which are crucial for the upcoming election on November 5. The PAC has also reported spending over $47 million in the same timeframe to support voter turnout efforts.
Trump's campaign has heavily relied on external funding for voter outreach, with America PAC playing a pivotal role in the election strategy. Trump's campaign reported spending over $88 million on advertisements in early October, with $36 million remaining for the final campaign push.
In addition to Musk's contributions, another conservative PAC, the Sentinel Action Fund, disclosed receiving $2.3 million from him. Musk's donations place him among the ranks of prominent Republican donors, including Timothy Mellon and Miriam Adelson.
As part of its campaign strategy, America PAC has initiated a daily giveaway of $1 million to randomly selected participants of its online petition aimed at registered voters in contested states. However, the Justice Department has expressed concerns that these giveaways may violate federal election laws.
The legality of the petition and the associated giveaways remains contentious, with legal experts divided on whether Musk's actions could contravene regulations against incentivizing voter registration. America PAC has not commented on the Justice Department's warning.