There have been reports circulating that Elon Musk, the famous entrepreneur and CEO of Tesla and SpaceX, plans to donate around $45 million a month to a pro-Donald Trump Super-PAC called America PAC. However, Elon Musk himself has denied these reports, calling them ‘fake gnus’. Yes, you heard that right, he even used a meme on his X platform to express his disbelief.
To provide some context, the Wall Street Journal originally reported that Musk had expressed his intention to contribute to America PAC, and The New York Times suggested that the group would likely receive significant support from him. But despite all this, Musk took to his platform to put the rumors to rest.
It’s worth mentioning that this isn’t the first time Musk has been linked to politics. He had previously attended a breakfast meeting with Trump and a group of wealthy Republican donors, which led to some speculation about his political leanings. However, Musk had clarified that he would not be donating to any political party.
Now, let’s talk a bit about America PAC. The reports suggest that America PAC’s founding donors are members of Musk’s social circle and include tech entrepreneurs who often support each other’s start-ups, philanthropic projects, and political candidates. It’s interesting to note that the PAC has already donated around $15 million on behalf of Trump in recent weeks, according to The New York Times.
Among the reported supporters of America PAC are Cameron and Tyler Winklevoss, who are known for their legal battle with Mark Zuckerberg over ownership of Facebook. The PAC is reportedly run by Joe Lonsdale, a co-founder of software company Palantir and a close associate of Elon Musk. Lonsdale’s personal company has already made a significant donation, and others like Antonio Gracias, a board director at SpaceX, and Ken Howery, an early PayPal executive, have also contributed.
Elon Musk has denied the reports suggesting his donations to America PAC, dismissing them as ‘fake news’. Nevertheless, the PAC continues to receive donations from Musk’s social circle and other high-profile individuals. It’ll be interesting to see how this situation unfolds.
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