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Elon Musk donated $15 million to help President Donald Trump and Republican congressional leaders final month, after a public and bitter feud with the person he campaigned and labored for.
Musk, who led cost-cutting efforts on the Division of Authorities Effectivity (DOGE) throughout Trump’s first months in workplace, contributed $5 million every to MAGA Inc., the Senate Management Fund and the Congressional Management Fund on June 27, Federal Election Fee filings revealed Thursday.
All three are “tremendous” political motion committees that assist elect Republicans.
ELON MUSK REVEALS HIS POLITICAL PAC’S FUTURE AMID TIGHT PRESIDENTIAL RACE
Elon Musk walks out of a constructing in Washington D.C., on Jan. 27, 2023. (Jonathan Ernst/File Photograph / Reuters Images)
The $5 million reward to MAGA Inc. got here simply weeks after Musk sharply criticized the president on social media – first over Trump’s proposed “massive, stunning invoice,” which Musk warned would balloon the federal deficit, and later in a sequence of more and more private assaults.
| Ticker | Safety | Final | Change | Change % |
|---|---|---|---|---|
| TSLA | TESLA INC. | 305.73 | -2.54 | -0.82% |
Musk deleted among the posts however later renewed his criticism in July, taking purpose on the administration’s dealing with of the Jeffrey Epstein information.
LIZ PEEK: MUSK THROWS HIS OWN PARTY BECAUSE HE’S MAD AT PRESIDENT TRUMP
Then-President-elect Donald Trump speaks at a information convention at Trump’s Mar-a-Lago resort on Dec. 16, 2024 in Palm Seashore, Florida. (Andrew Harnik / Getty Pictures)
Representatives for MAGA Inc., Congressional Management Fund and Senate Management Fund didn’t instantly reply to requests for remark from Fox Information Digital on Friday.
Simply days after making the $15 million contribution, nevertheless, the world’s richest man introduced that he would launch his personal political occasion, the America Occasion. Musk has already poured $45 million this yr into his personal tremendous PAC, America PAC, in accordance with FEC filings. That group was primarily lively in Wisconsin’s Supreme Courtroom race in April, when Musk was personally concerned.
WHAT MUSK’S FRACTURE WITH TRUMP MEANS FOR GOP’S FUTURE: ‘BEATING HEART OF THE REPUBLICAN PARTY’
President Donald Trump, proper, and Elon Musk attend a press convention within the Oval Workplace of the White Home in Washington, D.C., on Might 30, 2025. (Nathan Howard/File Photograph / Reuters Images)
Trump’s tremendous PAC raised practically $177 million throughout the first half of 2025 and entered July with near $200 million in accessible money – a large fundraising haul poised to assist form the 2026 midterm elections.
The group’s coffers have been stuffed by GOP megadonors, Trump loyalists and main enterprise figures.
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In late June, billionaire entrepreneur Jared Isaacman — whom Trump had nominated to guide NASA earlier than withdrawing the decide in Might — gave the group $1 million.
Different notable donors this yr embody former high DOGE volunteer Antonio Gracias, who gave $1 million; enterprise capitalists Ben Horowitz and Marc Andreessen, who every gave $3 million; Ford Motor Firm Government Chairman Invoice Ford, who contributed $1.25 million; cryptocurrency entrepreneurs Tyler and Cameron Winklevoss, who every gave about $500,000; and enterprise capitalist Timothy Draper, who gave $1 million.
The White Home and Musk didn’t reply to a request for remark from Fox Information Digital on Friday.
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