Elon Musk Contributes $5 Million to Trump-Aligned Super PAC Amid Public Dispute

Elon Musk, the billionaire CEO of Tesla and SpaceX and a former senior advisor to President Donald Trump, made a substantial political donation of $5 million to a Trump-aligned super PAC in late June. This occurred just one month after Musk and Trump engaged in a public dispute. According to recent campaign finance disclosures, Musk contributed to MAGA Inc. on June 27, alongside donations of equal size to the Senate Leadership Fund and the Congressional Leadership Fund, both of which support Republican candidates. Shortly thereafter, Musk announced the creation of the "America Party," a move inspired by a social media poll he conducted asking followers if they desired independence from the traditional two-party system. While some speculate that the new party might impact Republican prospects in the 2026 midterm elections, no tangible steps have been taken toward its launch, as reported by Axios. Musk reportedly invested over $250 million in support of Trump and Republican candidates during the 2024 cycle. Despite this, Musk indicated in May that he plans to reduce his political spending moving forward. The timeline also includes exchanges of criticism between Musk and Trump; Musk c...