The group name has been revealed as America PAC and the amount of the donation has not been disclosed yet but as per the report it is ‘’ a sizable amount’’.
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Billionaire Elon Musk, who is known for being critical of US President Joe Biden, has donated to a political organization that is backing Donald Trump’s presidential bid, as reported by Bloomberg. The group name has been revealed as America PAC and the amount of the donation has not been disclosed yet but as per the report it is ‘’ a sizable amount’’.
Former US President Donald Trump, who is likely to be declared as the Republican Party’s presidential candidate by next week, met Musk and other wealthy donors in March. The meeting was extensively covered by the media. Commenting on the buzz created regarding the meeting, Musk posted on X, ‘’Just to be super clear, I am not contributing money to either candidate for the US President.’’
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Is Musk backing Trump?
Musk, who is CEO of Tesla, X, and SpaceX and also the world’s wealthiest person, denied the media claims that he might get an advisory role if Trump comes back to power. James Singer, who is Biden’s campaign spokesperson commented on the news and said, Musk is well aware that Trump is ‘’ a sucker who will sell off America, will increase taxes on the middle class by $2500, and will cut down his taxes.’’
Biden will win the November elections as he is fighting for the middle class and has been standing up to people like Elon, Singer pointed out. Meanwhile, Musk has been aligned with the Republican Party in recent years, and as a result, this has affected Tesla’s image and its sales. On the other hand, Trump has recently again made it clear to end the Biden Administration’s backing for the electric industry though he has admitted that he is a big admirer of electric cars and a fan of Elon.
Musk has not officially lent his support to any of the political parties but he has openly expressed his disagreement with Biden’s policies on electric vehicles, immigration, and even about his old age.
(With Reuters input)
