Musk clarified that he will not be donating $45 million per month to a super PAC supporting Donald Trump, contradicting previous reports.
In a stunning reversal, tech billionaire Elon Musk has announced that he will not be providing $45 million per month to support Donald Trump’s super political-action committee (PAC).
The abrupt change in direction marks a significant blow to Trump’s campaign finances, given earlier reports that Musk had pledged to make the significant financial commitment to support the former president’s political efforts.
During an interview with Jordan Peterson, a conservative commentator, psychologist, and author, on Monday, Elon Musk clarified that he will not be donating $45 million per month to a super PAC supporting Donald Trump, contradicting previous reports.
“What’s been reported in the media is simply not true,” Musk told Peterson. “I am not donating $45 million a month to Trump.”
Also, in a post on his X (formerly Twitter) platform on Wednesday, Musk said, “I am making some donations to America PAC, but at a much lower level and the key values of the PAC are supporting a meritocracy & individual freedom.
“Republicans are mostly, but not entirely, on the side of merit & freedom.”
Musk’s decision to endorse Trump and potentially support his campaign financially contradicts his previous vow to avoid involvement in the 2024 election.