Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November’s presidential election, according to new filings, underscoring the influence one of the world’s wealthiest people had on this year’s White House race.
The billionaire owner of electric car maker Tesla and SpaceX gave $259 million to groups supporting Trump’s 2024 campaign, according to new Federal Election Commission filings released late on Thursday.
The huge donations made Musk one of the biggest underwriters of a presidential campaign in U.S. history, helping him to become a powerful political ally of Trump and someone who now plays a key role in shaping the incoming Republican administration’s policy agenda.
Pretty much pocket change for him. We allowed people to get so wealthy that they can buy their way into power wherever and whenever they want and they are reaping the benefits writ large.