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13/07/2024

Musk Gives To An Organisation That Supports Trump's Election: Bloomberg




Musk Gives To An Organisation That Supports Trump's Election: Bloomberg
According to a Bloomberg story quoting sources, billionaire Elon Musk, who has been criticising US President Joe Biden more and more, has contributed to a political organisation that aims to elect opposition presidential contender Donald Trump.
 
The article stated that Musk gave "a sizable amount" to an organisation known as America PAC, although it did not specify how much.
 
According to Bloomberg, the PAC, an organisation that is exempt from taxation for political action, will have to provide its donor list on July 15.
 
Musk and other affluent contributors were met by former US President Trump in March. Trump is anticipated to get formal nomination as the Republican Party's nominee for the Nov. 5 election next week.
 
The South Africa-born Musk wrote on X in reaction to news of the meeting, saying, "Just to be super clear, I am not donating money to either candidate for US President." He also refuted in May, opening new tab media claims, that he had been discussed for a possible advising post during any Trump presidency.
 
Musk, the richest person in the world and the owner of SpaceX, a rocket manufacturer, Tesla, social networking firm X, and other businesses, did not answer to Reuters' request for comments.
 
According to James Singer, a spokesperson for the Biden team, Musk is aware that Trump is "a sucker who will sell America out, cutting his taxes while raising taxes on the middle class by $2,500."
 
"Joe Biden has been standing up to people like Elon and fighting for the middle class his entire career — and it’s why he’ll win in November," Singer said in a statement.
 
It is not going to occur.
 
The Republican Party has been more completely embraced by Musk in recent years, which has hurt Tesla's sales and reputation—the company that generates the majority of his riches.
 
Last month, Trump reaffirmed his promise to quickly renounce the Biden administration's "mandate" to assist the electric car business, opens new tab. However, he continued, saying, "I love electric cars." I think Elon is great."
 
"He does an incredible job with Tesla."
 
Musk mentioned that Trump is a "huge fan of the Cybertrucks," a reference to Tesla's electric pickup trucks, and that they had "some conversations" together.
 
Musk has not formally endorsed Biden in the November election, despite the fact that he has publicly criticised Biden's positions on immigration, electric cars, and even his age. Trump has stated he is unsure if Musk supports him.
 
Even while Musk has denied having antisemitic views, he has also supported antisemitic remarks on X.
 
A CivicScience study indicates that some customers have lowered their opinion of Musk as a result of his comments.
 
(Source:www.bloomberg.com) 

Christopher J. Mitchell

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