Elon Musk’s PAC spent an estimated $200 million to help elect Trump, AP source says

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Elon Musk’s PAC spent an estimated $200 million to help elect Trump, AP source says
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Elon Musk’s super PAC spent around $200 million to help elect Donald Trump, according to a person familiar with the group’s spending, funding an effort that set a new standard for how billionaires …

FILE – Tesla and SpaceX CEO Elon Musk listens as Republican presidential nominee former President Donald Trump speaks at a campaign event at the Butler Farm Show, Oct. 5, 2024, in Butler, Pa. , according to a person familiar with the group’s spending, funding an effort that set a new standard for how billionaires can influence elections.

“The FEC ruling cleared the way for us to gain more benefit from soft money enterprises that were going out and doing this work anyway,” said James Blair, the Trump campaign’s political director. It wasn’t just Musk’s money that helped Trump. The billionaire businessman became one of Trump’s highest-profile surrogates in the final months of the campaign, often joining the former president onstage. His support gave Trump a clear opening into the universe of younger men who look up to Musk.

It could yield a wholesale shift in the way presidential races are run, overturning longstanding conventional wisdom about campaigns lacking total control of their field program, the impact billionaires can have in politics and the effectiveness of paid canvassing operations. The ruling “allowed a much more direct line of communication regarding canvassing,” Blair said. “That is a real difference and a critical difference.”in May, but it wasn’t until Musk endorsed Trump in July, after the former president survived an assassination attempt, that the group more clearly began its turnout work.

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