The billionaire CEO, no beacon of truth himself, called media reports of his promised political contributions “not true.”
“I am not donating $45 million a month to Trump,” Musk told Peterson. He gave to the super PAC he cofounded, he said, in support of “meritocracy” and deregulation—not “hyperpartisan” causes. “I am making some donations to America PAC,” he added later, “but at a much lower level.” It’s unclear how much Musk is financially backing Trump, whom he continued to express support for in his sit-down with Peterson.
Musk's qualified praise—as well as his scaled-back donation promise—is likely disappointing for the Trump campaign, which appeared to be counting on Musk to help counter the record fundraising Harris has raked in since President Joe Biden dropped his reelection bid and passed the torch to the vice president. “Elon is a blank check,” as a Republican source close to Trump told my colleague Gabriel Sherman. “He’s invested in this.
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