Monday, Tesla Amazon CEO Elon Musk has denied a report that he is donating $45 million a month to a super PAC supporting Donald Trump, while taking credit for founding the group.
Wall Street Journal Last week, reports said that “Musk said he plans to dedicate about $45 million a month” to the pro-Trump political action committee, citing “people familiar with the matter.” Musk, the world’s richest man, has rejected the request. The Wall Street Journal This came in an interview conducted by conservative commentator Jordan Peterson on Monday.
“What the media is reporting is absolutely false,” Musk said. “I am not donating $45 million a month to Trump. What I did is I created a political action committee, or a super PAC, or whatever you want to call it. I simply call it the American PAC.”
Over the weekend, Trump bragged about Musk's donations during a campaign rally in Michigan.
“I love Elon Musk,” Trump told the crowd. “Elon endorsed me the other day. I read that and I didn’t know him. He didn’t tell me. He gives me $45 million a month. Not $45 million — he gives me $45 million a month. I spoke to him a little while ago to say, ‘I’m coming here, how are you?’ He didn’t even mention it.”
New York times The America PAC is reportedly led by several consultants who were involved in Florida Gov. Ron DeSantis' failed bid for president against Trump this election cycle.
Musk, who is worth an estimated $250 billion, said Monday that he chose to fund the independent PAC because he could donate more money that way. “You can donate money directly to candidates — and it’s a fairly small amount,” he said. “You can donate more money to an independent PAC. There are different rules governing independent PACs, but they certainly allow more money into the system than would otherwise be possible.”
He said the PAC is “not designed to be some kind of extreme partisan committee,” and that its “goal is to advance the principles that made America great in the first place.” He continued: “I wouldn’t say, for example, that I’m a MAGA or Make America Great Again supporter. I think America is great. I’m more of a MAG or Make America Great Again supporter.”
While Trump called Musk a “genius” over the weekend and praised him for his creativity, he has previously criticized the billionaire and his businesses.
“When Elon Musk came to the White House he asked me to help with all of his many backed projects,” Trump said. books In 2022, “whether it was electric cars that didn’t drive long enough, or self-driving cars that crashed, or rockets that go nowhere, without which he would be worthless, and he told me how he was a huge fan of Trump and Republicans, I could have told him, ‘Get on your knees and beg,’ and he would have done it.”