Just-In: Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC

The renowned American entrepreneur Elon Musk has once again made headlines with his recent comments amid the ongoing U.S. elections. In a post on X today, July 16, the Tesla & SpaceX lead called a WSJ (The Wall Street Journal) report false. The report claimed Musk to be in plans to donate large sums of money to a pro-Trump super PAC (Political Action Committee).

This chronicle has sent tongues wagging nationwide, stirring speculations despite Trump’s prominent stance in the ongoing U.S. elections. Intriguingly, the report by WSJ on Musk’s pro-trump donation came subsequent to the assassination attempt on the former U.S. President, further sparking discussions across the community.

Elon Musk Calls WSJ Report Fake

Elon Musk, in reply to WSJ’s pro-Trump donation report on X, posted an image that read “FAKE GNUS.” This indicated that the American entrepreneur denied any such plans to offer aid to political groups.

Meanwhile, another report by Bloomberg in the aftermath of the assassination attempt claimed Musk to be in plans to donate $45 million a month to the abovementioned PAC. Nonetheless, Musk has strongly denied these allegations.

Moreover, a post by the entrepreneur’s social media app’s news account, X News Daily, further reaffirmed that Musk did not commit any donations. As a result, it drew attention to the nation’s campaign finance laws. The laws mandate political groups to reveal their list of donors publicly. “So if Elon is infact donating it will be made public in due course,” the post added.

Also Read: Donald Trump Wins Elon Musk’s Election Backing Despite Previous Denials

Musk Supportive Of Trump?

Meanwhile, despite Elon Musk negating allegations that he plans to donate to any pro-Trump PAC, it is pretty clear that the American entrepreneur sides with Donald Trump.

In a post that was shared soon after the assassination attempt, Musk stated, “I fully endorse President Trump and hope for his rapid recovery.” This statement underlines a clear sense of confidence in the U.S. presidential candidate’s potential.

Meanwhile, it’s also worth mentioning that following the assassination attack, the TRUMP meme coin saw a phenomenal price upswing in value.

Also Read: 3 Politifi Tokens Gain Traction as Trump Survives Assassination Attempt