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Elon Musk reportedly spent over $250 Million supporting Donald Trump’s presidential campaign

Elon Musk donated over $250 million to support Donald Trump's presidential campaign, including $20 million to a PAC named after Ruth Bader Ginsburg.

Published on: Dec 6, 2024, 11:02:41 IST
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Elon Musk, the world’s richest man, funnelled over $250 million during the final months of this year’s election to help Donald Trump secure the presidency, according to federal filings released Thursday.

Tesla and SpaceX CEO Elon Musk, left, and President-elect Donald Trump attend a campaign event at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon, File) (AP)
Tesla and SpaceX CEO Elon Musk, left, and President-elect Donald Trump attend a campaign event at the Butler Farm Show on Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon, File) (AP)

The $5.4m in donations are a drop in the much, much larger Musk’s bucket; however, it makes it a record single donor significant funding directed toward the subsequent pro-Trump administration.

Among Musk’s more unconventional efforts was a $20 million contribution to a super PAC named after Ruth Bader Ginsburg, the late liberal Supreme Court justice. The PAC, intended to soften Trump’s stance on abortion, sparked controversy for appropriating Ginsburg’s legacy.

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Musk’s primary financial backing went to America PAC, his flagship super PAC. He provided $239 million in cash and in-kind contributions, including three $25 million checks in the race's final weeks. The PAC focused on ground-game operations for Trump, whom Musk saw as vital to defeating President Biden. After an assassination attempt on Musk in July, his support for Trump intensified, leading him to campaign actively in Pennsylvania, a pivotal battleground state.

How Musk funding Trump's agenda and targeting progressive prosecutors

Musk also played a role in other Republican efforts, donating $12 million to groups supporting GOP Senate candidates, including the Senate Leadership Fund and Sentinel Action Fund. Federal filings suggest he may have also funded undisclosed dark-money entities.

The filings revealed Musk as the sole funder of RBG PAC, a group using Ginsburg’s image to promote Trump. The ads claimed Trump’s abortion stance aligned with Ginsburg’s, featuring the tagline, “Great Minds Think Alike,” alongside images of Trump and Ginsburg. The campaign drew sharp criticism from Ginsburg’s family, including her granddaughter Clara Spera, who called the effort “appalling.”

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“Support Donald Trump’s re-election campaign, and specifically to suggest that she would approve of his position on abortion, is nothing short of appalling,” he said.

Since Trump’s victory, Musk and Vivek Ramaswamy were appointed to lead the Department of Government Efficiency (DOGE).

 
ABOUT THE AUTHOR
Tuhin Das Mahapatra

Tuhin Das Mahapatra is a key member of the US Team at Hindustan Times, crafting compelling narratives on politics, US visa, Hollywood, esports, anime, and beyond. This erudite literature student, if not penning down a narrative with his modest yet trusty pen, is deeply contemplating 'what the purpose of journalism is?

Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
Stay updated with US News covering politics, crime, weather, local events, and sports highlights. Get the latest on Donald Trump and American politics along with Horoscope 2026.
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