Musk gave another $43.5M to pro-Trump PAC, but Harris leads cash race
SUMMARY
Elon Musk has significantly boosted Donald Trump's 2024 presidential campaign by donating $43.5 million to America PAC in early October, bringing his total contribution to over $118.5 million since July. This financial support comes amidst a tight presidential race where Vice President Kamala Harris's campaign, despite Musk's donations, maintained a fundraising lead, raising $189 million against Trump's $107 million in the first half of October. Harris's campaign entered the final weeks with $270 million on hand compared to Trump's $222 million, illustrating her financial advantage. Musk's involvement extends beyond presidential politics; he also donated $10 million to the Senate Leadership Fund, aiming for a Republican Senate majority. Despite these large-scale contributions, the outcome remains uncertain, as historical precedents remind us that financial superiority does not guarantee electoral victory, referencing Trump's 2016 win against Hillary Clinton who had a large advantage.
