Washington DC:
Elon Musk spent over 1 / 4 of a billion {dollars} to assist Donald Trump win November’s presidential election, in accordance with new filings, underscoring the affect one of many world’s wealthiest folks had on this 12 months’s White Home race.
The billionaire proprietor of electrical automobile maker Tesla and SpaceX gave $259 million to teams supporting Trump’s 2024 marketing campaign, in accordance with new Federal Election Fee filings launched late on Thursday.
The massive donations made Musk one of many greatest underwriters of a presidential marketing campaign in U.S. historical past, serving to him to develop into a robust political ally of Trump and somebody who now performs a key position in shaping the incoming Republican administration’s coverage agenda.
Musk gave $239 million to America PAC, a brilliant PAC he based to assist end up voters for Trump.
In late October Musk gave an extra $20 million to RBG PAC, a bunch that sought to persuade voters that Trump wouldn’t signal right into a regulation a nationwide abortion ban, in accordance with the FEC filings. The group’s title refers back to the late Supreme Court docket Justice Ruth Bader Ginsburg, a liberal icon identified for her help of abortion rights.
Musk, who additionally owns the social media platform X, has emerged as a detailed advisor in Trump’s transition staff. Trump has chosen him, together with former Republican presidential candidate and entrepreneur Vivek Ramaswamy, to go a process power aimed toward slashing authorities spending and laws.
Musk and Ramaswamy met on Capitol Hill on Thursday with lawmakers whose help they might want to win the sweeping spending cuts Trump has requested them to search out.
The 2 males have referred to as for firing 1000’s of federal staff, slashing laws and eliminating packages whose authorization has expired, akin to veterans’ healthcare.
Musk has additionally been a daily fixture and Trump confidante on the president-elect’s Mar-a-Lago Florida property through the transition.
(Aside from the headline, this story has not been edited by NDTV employees and is printed from a syndicated feed.)