Elon Musk is reportedly planning to donate about $45 million per month to a new political group that will support former President Donald Trump in the 2024 election.
The Tesla boss, who gave his full support to Trump following the weekend assassination attempt, is one of several tech bigwigs donating to the USA PAC. The Wall Street Journal reported Monday.
Other backers include Palantir Technologies co-founder Joe Lonsdale, the Winklevoss twins, former U.S. ambassador to Canada Kelly Craft and her husband Joe Craft, CEO of coal producer Alliance Resource Partners, according to the outlet.
The USA PAC was launched in May in Austin, Texas, where Musk’s electric car company Tesla is headquartered.
Musk, 53, has already donated a “substantial amount” to the America PAC, but the total amount has not yet been disclosed.
