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Elon Musk Drops ₹470 Crores to Back Trump’s Comeback!

This brings his total donations to a staggering ₹1,109 crores (around $135 million) in support of the former president's bid for re-election.

By:  Tupaki Desk   |   25 Oct 2024 9:27 AM GMT
Elon Musk Drops ₹470 Crores to Back Trump’s Comeback!
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In a bold move that has captured headlines worldwide, Elon Musk, the billionaire CEO of Tesla, is diving deep into the political arena with staggering financial support for Donald Trump and his allies. Recent revelations from the Federal Election Commission indicate that Musk has shelled out a jaw-dropping ₹470 crores (approximately $132 million) to bolster Trump’s campaign activities. This brings his total donations to a staggering ₹1,109 crores (around $135 million) in support of the former president's bid for re-election.

Musk's financial backing comes as a surprise, especially considering his earlier stance of withholding support from both Trump and Biden during the previous presidential campaigns. However, recent developments show him donating generously to a Political Action Committee (PAC) dedicated to Trump's campaign. Musk isn’t just throwing money; he’s also actively participating in campaign efforts. In a solo event in Philadelphia, he rallied support for Trump, while the former president has promised Musk a spot in his cabinet if elected, humorously suggesting the "Department of Government Efficiency" as a potential role for the tech mogul.

This high-stakes political maneuvering raises eyebrows and questions alike, particularly regarding the PAC Musk has established. Allegations are surfacing that the committee may be misusing voter information and possibly infringing on privacy rights. Election officials in Michigan and North Carolina have launched investigations into these claims, adding a layer of controversy to Musk’s already bold political involvement.

As Musk continues to navigate the complex landscape of U.S. politics, one thing is certain: the billionaire’s approach is as unconventional as his business strategies. So, while he’s busy throwing cash and shaking hands, one can only wonder if he'll soon unveil a new line of "Political Supporter" merchandise. After all, if you can’t beat them, why not buy your way into the cabinet?