US Elections 2024: Immigrant Elon Musk donates for anti immigrant Trump’s election bid

US Elections 2024: Elon Musk, an immigrant from South Africa, has donated to anti-immigrant Republican Party presidential candidate Donald Trump's election. Musk has been increasingly critical of current US President and Democratic Party candidate Joe Biden but has yet to voice support for Trump.

Livemint, Written By Jocelyn Fernandes
Updated13 Jul 2024, 09:11 AM IST
File image of Elon Musk. The Tesla, SpaceX and X (Twitter) owner has donated to a political group working to elect rival presidential candidate Donald Trump
File image of Elon Musk. The Tesla, SpaceX and X (Twitter) owner has donated to a political group working to elect rival presidential candidate Donald Trump(Reuters / Mario Anzuoni)

US Elections 2024: Elon Musk, billionaire and a South African immigrant to the US, has donated to a super political action committee (Super PAC) working to elect vocally anti-immigrant Republican Party presidential candidate Donald Trump to the White House, Bloomberg reported, citing sources. While the amount donated is unknown, the sources said it was "sizable".

The report called Musk's contribution to the America PAC a "major gambit" into the US political space by the world’s richest person, worth $263.6 billion as per the Bloomberg Billionaire Index (BBI). The PAC will disclose its list of donors on July 15, it added.

Bloomberg added that Musk did not respond to queries., while the Trump campaign and America PAC treasurer Chris Gober declined to comment. Musk did not respond to Reuters queries either.

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Current US President and Democratic Party candidate Joe Biden's campaign spokesman James Singer told Reuters, "Musk knows Trump is a sucker who will sell America out, cutting his taxes while raising taxes on the middle class by $2,500. Joe Biden has been standing up to people like Elon and fighting for the middle class his entire career — and it’s why he’ll win in November."

Musk to be a juggernaut for Republicans?

Notably, Trump has already overtaken Biden in terms of fundraising from "deep-pocketed Wall Street and corporate donors", the Bloomberg report added. Biden's campaign took a hit after a disastrous debate outing that caught him slurring speech and seemingly unable to speak with clarity, while Trump went bombastic with his lies.

And while Musk has been critical of Biden on his social media site X (formerly known as Twitter), he has yet to publically declare his support for any presidential candidate in the upcoming US elections in November 2024. He has previously said he "prefers to stay out of politics" but has been engaging with and blasting right-leaning views on X.

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In March too, Musk and Trump met at a gathering with business heads, after which the Tesla CEO in a post on X claimed he is "not donating money to either candidate". In May, he again denied conversations about an advisory role in Trump's presidency.

In the past, Musk and Trump have clashed on electric vehicles and cryptocurrency, but during Tesla's annual meet in June, the tech mogul discussed his relationship with Trump, saying: “He does call me out of the blue for no reason.” Musk also said they had "some conversations" and Trump is a “huge fan of the Cybertrucks.”

Trump meanwhile has pledged to reverse Biden's EV push, but added: "I'm a big fan of electric cars. I'm a fan of Elon. He does an incredible job with Tesla."

The decision to bat for Trump's campaign may be seen now as a sign that Musk's deep pockets give the Republicans a "financial juggernaut", the report added.

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The America PAC Boost

America PAC is the biggest spender on direct voter contacts for Trump among outside organisations and focuses on door-to-door efforts. It has spent $15.8 million so far, with $13.1 million of that going for field operations, as per federal records Bloomberg reported. It has also paid for digital media, texting and phone calls to reach voters.

(With inputs from Bloomberg and Reuters)

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First Published:13 Jul 2024, 09:11 AM IST
Business NewsNewsWorldUS Elections 2024: Immigrant Elon Musk donates for anti immigrant Trump’s election bid

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