Elon Musk Backs Trump’s Government with $132 Million Investment

US President-elect Donald Trump is set for a unique management style after Elon Musk, the world’s richest man, injects at least $132 million into his campaign. Musk joined Trump’s victory party at Mar-a-Lago Club in Palm Beach, Florida, and even held an impromptu rally on one of his private planes to encourage voters.

Musk has now added a new venture: America PAC, a political action committee with over $170 million spent since May. Prior to this year, Musk ran six companies including Tesla, SpaceX, Neuralink, Boring Co., xAI, and X (Twitter). The billionaire’s involvement in politics is a significant development for Trump’s administration.

Source: https://www.bloomberg.com/news/features/2024-11-12/elon-musk-s-new-project-running-trump-s-us-government?srnd=phx-bigtake