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News Link • Politics: Republican Campaigns

Musk plans to commit around $45 mln a month to new pro-Trump support committee, WSJ reports

• Reuters

WASHINGTON, July 15 (Reuters) - Billionaire Elon Musk has said he plans to commit around $45 million a month to a new pro-Trump super political-action committee, the Wall Street Journal reported on Monday, citing people familiar with the matter.

Musk had indicated that he planned to start his donations in July to the America PAC, backing former President Donald Trump's presidential run, the newspaper said. However, the South Africa-born businessman was not listed on a Monday filing by the group, which shows that it has raised more than $8 million.

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This move cements Musk's shift towards right-wing politics and gives Trump a high-profile backer in his bid to return to the White House in the Nov. 5 election.