Billionaire Elon Musk has significantly boosted his political donations to former President Donald Trump, contributing about $75 million to America PAC, his pro-Trump political action committee, over the past three months.
According to filings with the Federal Election Commission released Tuesday, the donations were made in three large payments: $15 million in July and $30 million each in August and September.
America PAC has spent $72 million of Musk’s contributions on voter turnout efforts for Trump and other Republican candidates. The remaining funds have been allocated to mail and digital advertising, with Musk planning to contribute even more, with his budget potentially increasing to between $140 million and $180 million.
Beyond his financial support, the Tesla and SpaceX CEO and owner of X, formerly Twitter, has become a key adviser to Trump. He reportedly speaks with the former president several times a week and plays an active role in campaign strategy. Trump has suggested many times that, if elected, …