That level of giving has vaulted him into the upper echelon of political donors, making Musk one of the most prolific contributors of the entire 2024 cycle.

Elon Musk gave another $56 million to elect Donald Trump and other Republicans in the final weeks of the 2024 election, bringing to at least $132 million the amount spent by the world’s richest person to elevate his allies to the White House and Congress, federal filings show.

The donations — revealed in disclosures with the Federal Election Commission Thursday — show that the Tesla Inc. and SpaceX chief executive officer has poured money into the Washington trifecta: funding Trump’s White House bid, along with supporting House and Senate Republicans.

Musk, who had only given modest political donations until the 2024 election cycle, funneled $43.6 million in the first half of October into America PAC, the group he founded, bringing his total for the year to $118.6 million. He also spent millions more spreading money around the political system which helps him build a network of allies.

  • Nougat@fedia.io
    67·
    22 days ago

    This makes me want to do math.

    $132M is just under 0.05% (one-half of one-tenth of one percent) of $269.8B.

    If you were a millionaire, having a net worth of one million dollars, this would be like making a $500.00 donation. Net worth of TEN million dollars? That’s a whopping $5000.00 contribution.