{"id":115054,"date":"2024-10-17T05:02:28","date_gmt":"2024-10-16T22:02:28","guid":{"rendered":"https:\/\/hotvideos24.online\/?p=115054"},"modified":"2024-10-17T05:02:28","modified_gmt":"2024-10-16T22:02:28","slug":"elon-musk-goes-big-in-2024-campaign-with-75-million-for-trump-and-other-republicans","status":"publish","type":"post","link":"https:\/\/hotvideos24.online\/?p=115054","title":{"rendered":"Elon Musk goes big in 2024 campaign with $75 million for Trump and other Republicans"},"content":{"rendered":"<p> <script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>Elon Musk donated just under $75 million to his super PAC last quarter, according to <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00879510\/1829340#DETAILED\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:just-released government filings,;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">just-released government filings,<\/a> as the world\u2019s richest man made his full splashy entry into presidential politics.<\/p>\n<p>Tuesday\u2019s filing is the culmination of an evolution for Musk, the Tesla (<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\/\" data-ylk=\"slk:TSLA;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TSLA<\/a>) CEO who first <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/teslas-elon-musks-gop-ties-deepen-as-he-appears-at-a-trump-aligned-donor-event-134828509.html\" data-ylk=\"slk:began quietly appearing at GOP fundraisers in 2022;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">began quietly appearing at GOP fundraisers in 2022<\/a> but has gradually increased his involvement and memorably leaped on stage with former President Trump earlier this month in Butler, Pa.<\/p>\n<p>It also comes as <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/commentary-what-bill-ackman-and-other-business-titans-dont-get-about-politics-170901549.html\" data-ylk=\"slk:an increasingly vocal contingent of billionaires;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">an increasingly vocal contingent of billionaires<\/a>, including Musk and other figures, line up behind Donald Trump for the final stretch of the campaign.<\/p>\n<p>The latest donation disclosure also comes as Tesla (<a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/finance.yahoo.com\/quote\/TSLA\/\" data-ylk=\"slk:TSLA;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">TSLA<\/a>) stock remains under pressure this week amid lingering concerns that Musk is focused too heavily on politics, especially after a robotaxi event this week that <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/stunningly-absent-on-detail-tesla-robotaxi-event-leaves-investors-wanting-more-170122849.html\" data-ylk=\"slk:was panned for being &quot;stunningly absent on detail.&quot;;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\">was panned for being &#8220;stunningly absent on detail.&#8221;<\/a><\/p>\n<p>Musk&#8217;s <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00879510\/1829340\/sa\/11AI\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:donations;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">donations<\/a> to help Republicans totaled just under $15 million in July, followed by $30 million in both August and September. This pace of spending was somewhat below <a data-i13n=\"cpos:8;pos:1\" href=\"https:\/\/www.wsj.com\/politics\/elections\/elon-musk-has-said-he-is-committing-around-45-million-a-month-to-a-new-pro-trump-super-pac-dda53823\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:a report this summer;cpos:8;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">a report this summer<\/a> that Musk was planning to donate $45 million each month, but it remains a massive haul.<\/p>\n<figure class=\"caas-figure\">\n<div class=\"caas-figure-with-pb\" style=\"max-height: 640px\">\n<div>\n<div class=\"caas-img-container caas-img-loader\" style=\"padding-bottom:67%\"><img decoding=\"async\" class=\"caas-img caas-lazy has-preview\" alt=\"TOPSHOT - Tesla CEO Elon Musk (R) jumps on stage as he joins former US President and Republican presidential candidate Donald Trump during a campaign rally at site of his first assassination attempt in Butler, Pennsylvania on October 5, 2024. (Photo by Jim WATSON \/ AFP) (Photo by JIM WATSON\/AFP via Getty Images)\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/1w5ILQhjxan7tpFpV7jIxw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/90c2e1d0-83a8-11ef-a6df-892cef143bea\"\/><img decoding=\"async\" alt=\"TOPSHOT - Tesla CEO Elon Musk (R) jumps on stage as he joins former US President and Republican presidential candidate Donald Trump during a campaign rally at site of his first assassination attempt in Butler, Pennsylvania on October 5, 2024. (Photo by Jim WATSON \/ AFP) (Photo by JIM WATSON\/AFP via Getty Images)\" src=\"https:\/\/s.yimg.com\/ny\/api\/res\/1.2\/1w5ILQhjxan7tpFpV7jIxw--\/YXBwaWQ9aGlnaGxhbmRlcjt3PTk2MDtoPTY0MA--\/https:\/\/s.yimg.com\/os\/creatr-uploaded-images\/2024-10\/90c2e1d0-83a8-11ef-a6df-892cef143bea\" class=\"caas-img\"\/><\/div>\n<\/div>\n<\/div>\n<p><figcaption class=\"caption-collapse\">Tesla CEO Elon Musk jumps on stage as he joins former US President and Republican presidential candidate Donald Trump during a campaign rally on Oct. 5. (JIM WATSON\/AFP via Getty Images)<span class=\"caption-credit\"> (JIM WATSON via Getty Images)<\/span><\/figcaption><\/p>\n<\/figure>\n<p>The filings also show Musk as the only donor for his political action committee, called America PAC.<\/p>\n<p>His group\u2019s mission is centered around helping the Trump campaign and its ground game, especially in the must-win commonwealth of Pennsylvania. The group is also spending on other Republican congressional candidates around the country.<\/p>\n<p>Musk confirmed the donations in posts on X, formerly Twitter, and said the group was &#8220;just aiming for common sense, centrist values.&#8221; Also on Wednesday, <a data-i13n=\"cpos:9;pos:1\" href=\"https:\/\/x.com\/elonmusk\/status\/1846407354520117615\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Musk announced;cpos:9;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Musk announced<\/a> he would be traveling back to Pennsylvania for &#8220;a series of talks.&#8221;<\/p>\n<p>The donations from Musk also came in addition to news of big checks from other ultra-wealthy Americans \u2014 notably Miriam Adelson and Dick Uihlein \u2014 who <a data-i13n=\"cpos:10;pos:1\" href=\"https:\/\/www.nytimes.com\/2024\/10\/16\/us\/elections\/pro-trump-fund-raising.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:also put a combined $145 million into other Trump-supporting groups;cpos:10;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">also put a combined $145 million into other Trump-supporting groups<\/a> in July, August, and September, according to the filings.<\/p>\n<p>But the big money fundraising committee behind Vice President Kamala Harris was also no slouch, with the Harris Victory Fund <a data-i13n=\"cpos:11;pos:1\" href=\"https:\/\/docquery.fec.gov\/cgi-bin\/forms\/C00744946\/1827767\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:raising about $633 million in that same period.;cpos:11;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">raising about $633 million in that same period.<\/a><\/p>\n<p>The mass of new campaign finance data, which followed the government\u2019s quarterly fundraising deadline, was just the latest example of a 2024 money race that has seen staggering totals.<\/p>\n<p><em>Read more: <\/em><a data-i13n=\"cpos:12;pos:1\" href=\"https:\/\/finance.yahoo.com\/personal-finance\/trump-vs-harris-banking-222339704.html\" data-ylk=\"slk:Trump vs. Harris: 4 ways the next president could impact your bank accounts;cpos:12;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\"><em>Trump vs. Harris: 4 ways the next president could impact your bank accounts<\/em><\/a><\/p>\n<p>Harris\u2019s formal campaign operation <a data-i13n=\"cpos:13;pos:1\" href=\"https:\/\/www.nytimes.com\/2024\/10\/09\/us\/politics\/harris-billion-dollar-fundraising.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:has reportedly raised $1 billion;cpos:13;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">has reportedly raised $1 billion <\/a>since she entered the contest in addition to the wave of super-PAC donations on both sides.<\/p>\n<p><button class=\"link caas-button readmore-button-finance collapse-button readmore-button-class\" data-ylk=\"elm:readmore;slk:Story continues\"><span class=\"readmoreButtonText\">Story continues<\/span><\/button><\/p>\n<p>Musk\u2019s donations are meanwhile unlikely to end some money troubles seen in the formal Trump campaign itself.<\/p>\n<p>Trump\u2019s official operation has been far outpaced by Harris in recent months. Trump himself is <a data-i13n=\"cpos:14;pos:1\" href=\"https:\/\/www.nytimes.com\/2024\/10\/12\/us\/politics\/trump-gop-donors.html\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:reportedly frustrated behind closed doors;cpos:14;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">reportedly frustrated behind closed doors<\/a> with the shortfalls and \u2014 in a move very unusual for this stage in the campaign \u2014 devoting time in the final weeks not just to campaigning for votes but also fundraising.<\/p>\n<p><em>Correction: A previous version of this story mischaracterized how the Harris Victory Fund is organized. It&#8217;s a large dollar fundraising committee which is part of the formal campaign operation, not a separate super-PAC.<\/em><\/p>\n<p><em>Ben Werschkul is Washington correspondent for Yahoo Finance.<\/em><\/p>\n<p><a data-i13n=\"cpos:15;pos:1\" href=\"https:\/\/finance.yahoo.com\/live\/politics\/\" data-ylk=\"slk:Click here for political news related to business and money policies that will shape tomorrow's stock prices;cpos:15;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><em>Click here for political news related to business and money policies that will shape tomorrow&#8217;s stock prices<\/em><\/strong><\/a><\/p>\n<p><a data-i13n=\"cpos:16;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/\" data-ylk=\"slk:Read the latest financial and business news from Yahoo Finance;cpos:16;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \"><strong><em>Read the latest financial and business news from Yahoo Finance<\/em><\/strong><\/a><\/p>\n<\/div>\n<p><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-3711241968723425\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-layout-key=\"-fb+5w+4e-db+86\"\r\n     data-ad-client=\"ca-pub-3711241968723425\"\r\n     data-ad-slot=\"7910942971\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><div data-type=\"_mgwidget\" data-widget-id=\"1660802\">\r\n<\/div>\r\n<script>(function(w,q){w[q]=w[q]||[];w[q].push([\"_mgc.load\"])})(window,\"_mgq\");\r\n<\/script>\r\n<br \/>\n<br \/><a href=\"https:\/\/finance.yahoo.com\/news\/elon-musk-goes-big-in-2024-campaign-with-75-million-for-trump-and-other-republicans-132345924.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Elon Musk donated just under $75 million to his super PAC last quarter, according to just-released government filings, as the world\u2019s richest man made his full splashy entry into presidential &hellip; <a href=\"https:\/\/hotvideos24.online\/?p=115054\" class=\"more-link\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8629],"tags":[],"class_list":["post-115054","post","type-post","status-publish","format-standard","hentry","category-u-s","entry"],"_links":{"self":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/115054","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=115054"}],"version-history":[{"count":0,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=\/wp\/v2\/posts\/115054\/revisions"}],"wp:attachment":[{"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115054"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115054"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hotvideos24.online\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115054"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}