Musk donates $75 million to Trump campaign --The billionaire has confirmed his contribution to America PAC, becoming one of the top donors supporting the Republican nominee | 16 Oct 2024 | Elon Musk has donated $75 million to a pro-Donald Trump group in recent months, the U.S.-based billionaire has confirmed. Founded by the tech mogul himself back in July, America Political Action Committee says it aims to bolster turnout for the Republican nominee in closely contested battleground states, which could decide the November 5 presidential election. Musk, whose net worth stands at $246.5 billion, says he financially backed both Republican and Democratic candidates in previous campaigns, not showing any clear preference for either party. However, following the failed assassination attempt on Trump on July 13, the tycoon publicly endorsed the GOP candidate, and has been a vocal supporter ever since.