Elon Musk, the CEO of Tesla and the richest person on the planet, contributed a significant portion of his nearly USD 250 billion fortune to a group that backed former President Donald Trump prior to the election, according to Bloomberg. This is the billionaire's most overt endorsement of the Republican Party, despite his increased public commentary on American politics over the past year.
Musk's exact contribution sum has not been made public. But on July 17, America PAC is expected to make public its list of contributors, at which point it will be clear what kind of financial support Trump is receiving for his re-election.
Elon Musk critising Biden government
Despite not having formally endorsed a single candidate for the 2024 presidential election, Elon Musk has been more outspoken about his political beliefs on Platform X, formerly known as Twitter.
Musk has been publicly criticizing President Joe Biden's immigration policies in recent months and has shown his strong support for conservative viewpoints by aligning himself with the conservative "influencers" on social media