WASHINGTON (Reuters) -Billionaire Elon Musk, who has been ramping up criticism of U.S. President Joe Biden, has donated to a political group working to elect rival presidential candidate Donald Trump, Bloomberg reported on Friday, citing sources.
The report didn’t point out how a lot Musk donated however added it was “a large quantity” given to a gaggle referred to as America PAC.
Bloomberg reported that the PAC – a gaggle that may obtain limitless contributions for political exercise – is subsequent required to reveal its checklist of donors on July 15.
In March, Trump, a former U.S. President who is predicted to be formally nominated subsequent week because the Republican Celebration’s candidate for the Nov. 5 election, met with Musk and different rich donors.
In response to studies of the assembly, South Africa-born Musk posted on X: “Simply to be tremendous clear, I’m not donating cash to both candidate for US President.” In Might, he additionally denied media studies that there had been talks over a possible advisory function for him in any Trump presidency.
Musk, the world’s richest one who runs electrical automotive maker Tesla (NASDAQ:), rocket maker SpaceX, social media firm X and different firms, didn’t reply to Reuters’ request for feedback.
Biden marketing campaign spokesman James Singer stated that Musk is aware of Trump is “a sucker who will promote America out, slicing his taxes whereas elevating taxes on the center class by $2,500.”
“Joe Biden has been standing as much as folks like Elon and preventing for the center class his complete profession — and it’s why he’ll win in November,” Singer stated in a press release.
Musk in recent times has extra absolutely embraced the Republican Celebration, which has weighed on the popularity and gross sales of Tesla, the most important supply of his wealth.
Trump final month reiterated his pledge to instantly abandon the Biden administration’s “mandate” to help the electrical car trade. However he added: “I am an enormous fan of electrical automobiles. I am a fan of Elon.”
“He does an unimaginable job with Tesla.”
Musk stated that they had “some conversations” and Trump is a “large fan of the Cybertrucks,” referring to Tesla’s electrical pickup vehicles.
Whereas he has publicly criticized Biden’s insurance policies on immigration and electrical autos and even his age, Musk has not made any formal endorsement in November’s contest and Trump has stated he didn’t know if he has Musk’s help.
He has additionally endorsed antisemitic feedback on X, although Musk has denied being antisemitic.
Musk’s views have harm his standing amongst some shoppers, in keeping with a CivicScience survey proven solely to Reuters.