Elon Musk Among Top Trump Backers with $75 Million Donation, show Federal Filings

As expected, X owner and billionaire Elon Musk has contributed approximately $75 million to a pro-Donald Trump political group within just three months, according to federal disclosures made public on Tuesday. The contributions highlight Musk’s increasingly pivotal role in aiding Trump’s bid to reclaim the presidency in the upcoming November 5 election.

The donations, funneled through a group called America PAC, are being used to target voters in key battleground states that could determine the outcome of the election. America PAC reported spending roughly $72 million during the July to September period, positioning itself as the most well-funded pro-Trump organization focused on voter outreach.

Musk, the CEO of Tesla and currently the world’s richest person, is the sole donor to the PAC during this period, according to filings with the Federal Election Commission.

While Trump’s campaign has long relied on external groups to handle voter engagement efforts, Musk’s contributions have amplified his influence within Republican political circles. His financial backing has placed him alongside other high-profile conservative donors such as banking heir Timothy Mellon and casino mogul Miriam Adelson.

Musk’s political shift has raised eyebrows, as he has previously stated that he voted for Democratic candidates in past elections. However, the tech mogul publicly endorsed Trump in July and recently appeared with him at a campaign rally in Pennsylvania, signaling his growing alignment with the former president’s agenda.

The sizable donation marks Musk’s entry into the elite class of Republican megadonors. However, recent reports have suggested that his involvement in conservative politics predates this election cycle. According to a Reuters investigation, Musk has quietly supported right-leaning political groups for years before his public endorsement of Trump.

Neither Musk nor America PAC responded to requests for comment on the recent financial disclosures. The PAC is focused on mobilizing irregular voters who support Trump but may not typically turn out on Election Day—a strategy considered high-stakes and resource-intensive for the campaign.