Time: 2024-07-24
Elon Musk , the CEO of Tesla , has denied recent reports claiming he planned to donate 5 million a month to a Super Pac supporting Donald Trump 's reelection . Musk made the statement during an appearance on Jordan Peterson 's show , where he clarified that he was not making such large contributions to Trump 's campaign . Instead , he revealed that he had set up his own Political Action Committee called America Pac , which focuses on promoting meritocracy and individual freedom.
The denial from Musk came following Joe Biden 's withdrawal from the presidential race , leaving Kamala Harris with enough delegates to secure the Democratic nomination in August . The Super Pac allegedly being staffed by former aides to Florida Governor Ron DeSantis 's presidential campaign has garnered attention in the Trump orbit , with other outside groups unaware of its plans . Generra Peck and Phil Cox , both with ties to the Republican establishment , are involved in the Super Pac 's operations to support Trump 's reelection efforts.
Despite not disclosing the exact amount he plans to donate , Musk mentioned that the America Pac has already received support from his friends and allies in the tech industry . Joe Lonsdale , co - founder of Palantir with Peter Thiel , and the Winklevoss twins , known for their involvement in cryptocurrency , have reportedly backed the effort . They praised Trump for his stance on Bitcoin , cryptocurrency , and business , contrasting it with Biden 's regulatory approach towards cryptocurrency.
In his interview with Peterson , Musk emphasized the importance of upholding the principles that made America great , stating that he believes in making America greater rather than simply focusing on " Maga , " the Trump catchphrase . The Super Pac aims to champion values of meritocracy and freedom , with a focus on supporting candidates who align with these principles . Musk 's involvement in political contributions reflects his interest in shaping the future of American politics through his financial support.
As the 2020 presidential election approaches , the role of Super Pacs and individual donors like Musk in shaping political campaigns becomes increasingly significant . Musk 's decision to establish America Pac and support candidates who uphold his values underscores the influence of tech industry leaders in the political landscape . With the ongoing debate over campaign financing and the impact of outside groups on elections , Musk 's contributions to the America Pac will likely fuel discussions on the role of money in politics and the power of individual donors.
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