Elon Musk Will Give About $45 Million A Month To Support Trump, Report Says

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Elon Musk Will Give About $45 Million A Month To Support Trump, Report Says
Donald Trump2024 Election
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Sara Dorn is a Forbes news reporter who covers politics, with a focus on elections and Capitol Hill. She joined Forbes in 2022 and is based in New York.

Tesla CEO Elon Musk , the world’s richest man, will give around $45 million a month to a new super PAC supporting former President Donald Trump ,Innovation: Mark Read in Conversation with Elon Musk " session at the Lumiere Theatre during the Cannes Lions International Festival Of Creativity 2024 - Day Three on June 19, 2024 in Cannes, France.

America PAC is backed by billionaire and private equity donor Antonio Gracias; Ken Howery, a former PayPal executive alongside Musk and Trump’s former ambassador to Sweden; and billionaire venture capitalist Doug Leone, who have each donated $1 million, according to The Times. Sequoia Capital investor Shaun Maguire and tech founder John Hering also donated $500,000 each, while cryptocurrency billionaires Cameron and Tyler Winklevoss gave $250,000 each, The Times reported, noting the group is led, in part, by Palantir Technologies co-founder Joe Lonsdale.

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