Elon Musk has made significant contributions to Donald Trump's presidential campaign, totaling $75 million since July 2024, through his political organization, America PAC. This funding is part of a broader strategy to support Trump's bid for the White House, especially in key swing states where door-to-door canvassing is prioritized over traditional advertising.
Musk's donations are part of a larger trend where billionaire donors are backing Trump, with notable contributions from Miriam Adelson and Richard Uihlein, bringing the total donations from a few billionaires to approximately $220 million in recent months. This financial backing is crucial as Trump's campaign faces competition from Kamala Harris, who has raised over $1 billion since becoming the Democratic nominee.
America PAC has reported spending nearly $96 million on the presidential race, with a significant portion allocated to campaign and field operations. The group has also engaged in various activities to mobilize voters, promising compensation for those who assist in gathering signatures and canvassing efforts.
