Tech

This is Elon Musk’s huge donation worth 75 million USD to Trump


According to profile released by the United States Federal Election Commission on Tuesday night, Elon Muskfounder of SpaceX and owner of X, currently one of the largest donor to Donald Trump’s election campaign. From openly supports Trump right on the heels of July assassination plot To oppose him in Butler, Pennsylvania, Musk donated nearly $75 million to his own political action committee, America PAC, which is actively campaigning in swing states for Trump’s campaign.

Musk has been one of many elite people in Silicon Valley who have expressed their support for Trump. Peter Thiel, billionaire and co-founder of Palantir, is a longtime Trump supporter (though he says he won’t support Trump). Donate to 2024 candidates), and venture capitalist David Sacks, also a friend of Musk, have also expressed support for the Republican Party. Trump has also received support from PACs and individuals in the cryptocurrency space.

But Musk has invested more money in Trump’s campaign than almost any other individual in the tech industry. In addition to supporting America PAC, he also donated more $289,000 to the National Republican Congressional Committee. While some Silicon Valley companies and organizations, like venture firm Andreessen Horowitz, have endorsed Trump, individual donors from those same companies may not. For example, Marc Andreessen and business partner Ben Horowitz each donated $2.5 million for Trump Rights for America PAC last quarter. Andreessen has also donated to the Democratic Congressional Campaign Committee; Horowitz was supportive Democracy campaigns as well, and in early October said he would support Harris over Trump in the future.

The graphic below focuses specifically on donations that directly helped Trump, rather than donations made more broadly by the Republican Party. You can see details about how much each person donated—and where the money went—by scrolling through or tapping each name.

Bag Donation only $6,600 directly to the Trump campaign, but $114,500 to the Republican National Committee and $250,000 for Trump 47 PAC. Tyler and Cameron Winklevoss, who runs the Gemini cryptocurrency exchange, each donated more than $350,000 to Make America Great Again PAC, which supported Trump’s campaign. The twins also donated 250,000 USD per person to America’s PAC. Shaun Maguire, a partner at venture firm Sequoia Capital, has donate $500,000 to America PAC, $300,000 to Trump 47 PAC and $6,600 to Trump’s campaign. Billionaire and early Tesla backer Antonio Gracias donate $1 million to America PAC, as did Palantir co-founder and venture capitalist Joe Lonsdale. Kenneth Howerya PayPal Mafia member and former ambassador to Sweden under Trump, invested $1 million in America PAC in addition to smaller direct contributions to Trump’s campaign.

Musk has contributed more to Trump’s campaign than all of them combined. That puts him in league with Trump the most lavish sponsorincluding Miriam Adelson, widow of Sheldon Adelson, who donated 95 million USD to the Trump-supporting America Conservation PAC over the past three months — including $45 million in September alone. Billionaire Timothy Mellon, heir to the Mellon railroad fortune, remains the campaign’s largest donor, spent the least $115 million in Make America Great Again PAC just this year.

Musk’s generosity, combined with his strong support for Trump on platforms he controls, has is a blessing for Trump in an increasingly tight presidential race. He will continue his efforts to get out the vote in person this weekend with a series of appearances in Pennsylvania.

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