"Considerable sum"
Elon Musk is now pouring money into Trump
Billionaire and Tesla boss Elon Musk has apparently made a decision: He is now to officially support Donald Trump. The controversial super-rich man has donated money to a conservative group that supports the Republican.
The "Bloomberg" report cites insiders. It did not reveal how much money Musk has donated. However, the sum Musk paid to the America PAC group was described as "substantial".
List to be disclosed
"Political Action Committees, or PACS, are allowed to collect unlimited donations for political activities but are not subject to candidate campaign control. According to Bloomberg, the "America PAC" must disclose its list of donors on July 15.
In March, Trump met with Musk and other wealthy donors. Musk subsequently wrote on X that he was not donating money to either candidate for US President.
Musk has so far been impartial
In May, he also denied media reports that there had been talks about a possible advisory role for him with President Trump. Musk has not yet responded to Reuters' request for comment.
Musk has scaled back his moderation of political content enormously since taking over Twitter - now X. He had Trump's account unblocked shortly after his takeover in 2022.
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