Written by 6:51 PM World

Musk plans to donate about 60 billion won every month for Trump’s election campaign.


, “‘World’s Richest Man’ Elon Musk, CEO of Tesla, has decided to donate a staggering amount to former President Donald Trump’s election campaign.”,

, ‘The Wall Street Journal (WSJ) reported on the 15th local time, citing sources, that Musk plans to donate $45 million (about 623 billion Korean won) each month to a super PAC (Political Action Committee) supporting Trump’s election campaign. If Musk continues to donate monthly from July to just before the presidential election in October, the total amount would reach $180 million (about 2,495 billion Korean won).’,

, ‘WSJ evaluated the size of Musk’s planned donation as unusually large. The largest donation related to this year’s presidential election so far is known to be $50 million (about 693 billion Korean won) contributed to Trump’s election campaign super PAC by a descendant of the Mellon family, a wealthy American family.’,

, ‘The organization to which Musk will donate is America PAC. This organization counts among its supporters prominent figures in the American business community such as Joe Lonsdale, co-founder of software company Palantir Technologies, and Joe Craft, CEO of major coal company Alliance Resource Partners.’,

, ‘Employing hundreds of staff, America PAC is conducting a campaign targeting key swing state Trump supporters in this year’s election, focusing on voter registration and postal voting.’,

, ‘Earlier in March, Musk declared on Twitter that he would not contribute to political campaigns this year. However, Musk rapidly strengthened ties with former President Trump afterward, and publicly declared his support for Trump immediately after the assassination attempt on the former president on the 13th.’,
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, ‘[Photo source: Reuters=Yonhap News]’,
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