Just-In: Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC

As an experienced financial analyst, I have closely followed Elon Musk’s business endeavors and public statements for years. In light of recent reports suggesting that Musk planned to donate large sums of money to a pro-Trump super PAC, I find myself once again intrigued by the entrepreneur’s actions.


As a crypto investor following Elon Musk’s news, I was surprised to read the recent headlines about his denial of a Wall Street Journal report. On July 16th, he took to X and refuted claims that he intended to donate substantial funds to a pro-Trump super PAC.

The account in this chronicle has caused quite a stir and generated widespread buzz throughout the country, leading to numerous theories regarding its implications amidst Trump’s involvement in the ongoing US elections. Notably, the Wall Street Journal’s revelation about Musk’s financial support for Trump came after an assassination attempt on the former President, adding fuel to the fire and igniting intense debates within various circles.

Elon Musk Calls WSJ Report Fake

When the Wall Street Journal reported about Elon Musk’s supposed plans to support pro-Trump political groups with X, I personally took to social media to refute the claims. I shared an image that read “FAKE GNUS,” which is a clear statement that such reports are unfounded and untrue.

Just-In: Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC

As an analyst, I’ve come across conflicting reports regarding Elon Musk’s financial contributions to the aforementioned Political Action Committee (PAC). While Bloomberg reported post-assassination attempt claims suggesting a monthly donation of $45 million, Musk has vehemently denied these allegations.

Additionally, a recent post from X News Daily on the entrepreneur’s social media platform confirmed that Musk had not made any hidden campaign contributions. This declaration brought focus to the country’s transparency laws, which require political organizations to disclose their donor lists publicly. Therefore, if Musk does make any donations, they will become public knowledge in due time.

Musk Supportive Of Trump?

Although Elon Musk has denied rumors of contributing to any pro-Trump political action committees, it’s undeniable that his allegiance lies with former President Trump.

Musk expressed his strong support for President Trump in a recent post, expressing optimism for his swift recovery following an assassination attempt.

After the assassination attempt, the TRUMP meme coin experienced a remarkable increase in value, with prices soaring higher.

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2024-07-16 11:42