Report: Elon Musk donates $45 million per month to pro-Trump campaigns

Tech billionaire Elon Musk announced that he will donate about $45 million a month to a new super political action committee (super PAC) that supports Donald Trump's election campaign, according to US media reports. Musk's donations will go to a group called America PAC, which will focus on supporting Trump by promoting voter registration, early voting and mail-in voting among residents of battleground states ahead of the November general election, The Wall Street Journal reported, citing people familiar with the matter. Musk formally endorsed the former president's candidacy for the US presidency on Saturday after he survived a mass shooting at a political rally in Pennsylvania

. "I fully support President Trump and wish him a speedy recovery," Musk wrote on X, the social media platform  he bought in 2022 when it was still known as Twitter. The world's richest man, with an estimated net worth of $250 billion, has  increasingly bonded with President Trump throughout the 2024 US presidential election.  In March, the two met in person at a donor breakfast  at the home of billionaire Nelson Peltz in Florida. The limit for individual campaign contributions in the United States is $3,300 per person, but a loophole in the U.S. campaign finance system allows major political donors to give to funds called political action committees (PACs) that support candidates.

According to  some of the people involved, the American PACs have hired hundreds of staffers to help President Trump get into office, registering voters, interviewing voters in battleground states, and encouraging them to request mail-in ballots. President Trump had previously condemned mail-in voting, but backed down when it became clear that Democrats had an advantage among mail-in voters.