Tech billionaire Elon Musk spends nearly about $270 million to help Donald Trump win the US presidency. After this huge donation, we can call him the largest political donor in history. According to the report of the nonprofit OpenSecrets data Musk has made the largest spending in the political sector since 2010.
An ardent supporter of Trump’s white house campaigns, Musk did all of his branding work. He funneled the money into this operation speaking at his demonstrations. The financial backing from the world’s richest person helped the Trump government to win the election. According to the report of the Washington Post, Musk’s spending surpassed the previous Republic donor Tim Mellon who made a contribution of $200 million.
Have a look at the donations breakdown.
The Tesla CEO donated $238 million to America PAC (political action committee)
$20 million went to RBG PAC, which is a group that used advertising to soften Trump’s hardline reputation on the key voter issues of abortion.
Elon Musk has consistently been on Trump’s side since his electoral victory in November. He also invited Trump to witness the SpaceX rocket launch in Texas. Trump also selected the South African-born tycoon and fellow ally Vivek Ramaswamy. The pair also have promised to deliver billions of dollars of cuts in federal spending.
Musk’s business will get a huge opportunity after this win. The president has nominated several people who are close to Musk for the role of his administration. Billion astronaut Jared Isaacman also collaborated with Musk’s Space X and was named the head of the US space agency.
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