🚨 Elon Musk donated more than $260M to elect Donald Trump Recent campaign financing data reveals that Elon Musk contributed over $260 million to political groups in 2024, significantly aiding Donald Trump's presidential campaign and securing Musk's role as co-head of the Department of Government Efficiency. According to the Federal Election Commission, Musk and his controlled entities disclosed approximately $277 million in donations this election cycle, making him the largest donor. Musk, who is the CEO of Tesla, SpaceX, and xAI, among other ventures, views these donations as investments in the future of his companies. His contributions could benefit industries he is involved in, such as AI and space exploration, given Trump's pro-deregulation stance. Recently, Musk's xAI secured $6 billion in funding, and his net worth has increased to $361.7 billion since Trump's election win. The majority of Musk's donations, about $238.5 million, went to the America PAC, a super PAC he founded that focused on the presidential race. This PAC has been criticized for funding misleading ads that misrepresent Democratic positions. Musk's PAC has also engaged in controversial practices, such as offering $1 million daily giveaways to voters in swing states who pledge to support free speech and gun rights, despite facing legal challenges over these giveaways. Additionally, Musk donated $20.5 million to RBG PAC, which ran ads suggesting that the late Supreme Court Justice Ruth Bader Ginsburg held views aligning with Trump on abortion—despite her strong support for abortion rights. He also contributed $3 million to the MAHA Alliance super PAC. Musk's total political donations are expected to rise further. 💬 Source 📌 Powered by V3V Ventures