SpaceX CEO Elon Musk is reportedly planning to donate roughly $45 million each month to a Trump-aligned super PAC, however, the tech billionaire dismissed the report as “fake news.”
Sources familiar with the matter told the Wall Street Journal last week that Musk indicated that he would begin making donations to the America PAC, a pro-Trump super PAC starting in July.
However, an FEC filing from the group submitted on July 15 did not include Musk as one of its donors.
While Musk did not directly comment on the claim, he replied to a Wall Street Journal post on X linking to the story by posting a meme with the caption “Fake Gnus.”
Musk, who previously said he would not endorse a candidate in the presidential race, publicly endorsed Donald Trump just hours after the former president was shot in an attempted assassination.
The Tesla and SpaceX CEO posted a video clip showing Trump throwing his fist in the air as the Secret Service hustled him off stage following the shooting and said that he “fully” endorsed Trump for president and wished the former president a “rapid recovery.”
In another post on X, Musk cited billionaire Democrat donor Reid Hoffman’s previous remark hoping that someone would make Trump “an actual martyr,” by noting that Hoffman got his “dearest wish” but “the martyr lived.”
The billionaire later suggested that America hadn’t seen a candidate that tough since Theodore Roosevelt.
Musk’s endorsement came just days before Republican delegates officially nominated Donald Trump and his newly chosen running mate JD Vance at the Republican National Convention in Milwaukee.
The tech billionaire’s headline-grabbing week also included the news that he would be relocating the headquarters of both SpaceX and his social media platform to Texas after California’s Democrat Governor Gavin Newsom signed into law a bill prohibiting school districts in the state from informing parents if their child identifies as a different gender.