Musk and tech elite back a pro-Trump super PAC

Several adjacent friends of Elon Musk, including Palantir co-founder Joe Lonsdale, task capitalist Doug Leone, and capitalist and podcast big David Sacks, person donated lavishly to a ace PAC backing erstwhile President Donald Trump — and the Wall Street Journal reports that Musk plans connected donating arsenic overmuch arsenic $45 cardinal a period to America PAC. In a station connected X, Musk replied to the Journal’s nonfiction with a meme claiming it was “fake gnus” (fake news), though Bloomberg reported this play that helium had already contributed an undisclosed magnitude to the ace PAC.

Musk endorsed Trump connected Saturday pursuing the assassination attempt astatine a run rally successful Pennsylvania and praised Trump’s enactment of Ohio Senator JD Vance arsenic his moving mate. Several of Musk’s friends and concern associates person contributed to the PAC, and others person reportedly said they’d bash so. Multiple America PAC donors attended a $50,000-a-head fundraiser hosted by Sacks — the big of the All In podcast, who decried “Democrat rule” successful San Francisco successful a Monday speech astatine the Republican National Convention — according to the Washington Post.

Recent fiscal disclosures amusement America PAC has raised much than $8.7 cardinal since June. Founded successful May by prominent Republican run concern lawyer Chris Gober, the PAC is focused connected registering voters and encouraging aboriginal and mail-in voting successful plaything states, 1 root told the Journal. America PAC has reportedly hired hundreds of employees. In June, the New York Times reported that the PAC spent much than $6.6 cardinal connected behalf of Trump successful a two-week period, astir of which went towards “canvassing/field operations.”

“We judge that 4 much years of Joe Biden is simply a sedate menace to the fiscal and carnal information of the United States,” an unnamed America PAC spokesperson said successful a statement to the New York Times.

Other donors see Sequoia spouse Shaun Maguire, Tyler and Cameron Winklevoss, aboriginal PayPal enforcement Ken Howery, and Valor Energy Partners laminitis Antonio Gracias, a erstwhile subordinate of Tesla’s committee of directors. Keith Rabois, a managing manager astatine Khosla Ventures, told the Financial Times helium would donate $1 cardinal to the PAC. Marc Andreessen and Ben Horowitz told employees of their eponymous concern steadfast that they planned connected donating to the PAC, The Information says. Andreessen and Horowitz reportedly told employees that they expect Trump to beryllium much lax connected industries similar cryptocurrency.