Elon Musk Donates IDR 724 Billion Per Month To Super PAC Trump

JAKARTA - Tesla CEO Elon Musk has announced his plans to support the United States PAC, a political action committee supporting Donald Trump, a Republican presidential candidate in the upcoming elections in the United States. According to a report from the Wall Street Journal citing sources familiar with the matter, Musk intends to donate 45 million US Dollars (around Rp724 billion) every month to the committee starting this July.

Reporting from Crypto Potato, last week, Musk reportedly contributed a "significant" amount but was not disclosed to groups supporting Trump's campaign. This latest news shows steps towards increasing his initial investment to support Trump. Previously, in March 2024, Musk had stated in a tweet that he would not donate money to any candidate to the US President.

A few days ago, Trump survived an assassination attempt after the shooting in Pennsylvania during the campaign. The 78-year-old presidential candidate was immediately rushed off the stage with an ear wound. This incident comes after Musk's initial investment in Trump's campaign, prompting many people to urge the tech billionaire to be vigilant because there may be parties who will target him too. In response to this, Musk joked in a tweet on X, "Maybe it's time to build the flying iron shirt."

In contrast to Biden's regime, which largely views the digital asset ecosystem as skeptical, Trump promises to support crypto in the United States if elected president in November. Trump's support for the crypto industry has attracted support from prominent figures in the world. For example, Kraken co-founder Jesse Powell donated 1 million US Dollars (approximately IDR 16 billion) in the form of ETH to Trump's campaign group late last month. Previous reports revealed that theluvoss twins, Gemini founders, donated 1 million US Dollars each in BTC form to candidates from the Republican.

With Elon Musk's commitment to donate 45 million US Dollars per month, Trump's campaign received a large injection of funds that could strengthen his position in the upcoming presidential election.