Musk sends more money to back Trump, giving $44 mln to super PAC
Musk's America PAC spent over $47 million in early October
Trump campaign spent more than $88 million on ads, raised $16 million
Harris campaign reports spending more than $130 million on ads in early October
Adds figures report by Harris campaign paragraph 6
By Jason Lange and Alexandra Ulmer
WASHINGTON, Oct 24 (Reuters) -Elon Musk gave about $44 million to his pro-Donald Trump spending group during the first half of October, federal disclosures showed on Thursday, as the billionaire stepped up his efforts for the Republican candidate in the Nov. 5 election.
The contributions, disclosed in a filing to the Federal Election Commission by Musk's America PAC group, come after a prior report showed he gave the group around $75 million over three months between July and September.
America PAC, which is focused on turning out voters in closely contested states that could decide the election, also disclosed spending more than $47 million in the first half of October.
The Trump campaign is broadly reliant on outside groups for canvassing voters, meaning the super PAC founded by Musk - the world's richest man - plays an outsized role in what is expected to be a razor-thin election between Trump and Vice President Kamala Harris.
Separately, Trump's campaign reported spending more than $88 million on ads in the first half of the month, leaving him with $36 million in the bank for the final stretch of campaigning, according to a separate filing to the Federal Election Commission. Trump's campaign raised $16 million during the period.
The Harris campaign, which has outraised and outspent Trump's campaign in recent months, reported spending more than $130 million on ads in early October. Harris' campaign raised $97 million during the first half of the month and had $119 million in the bank on Oct 16, according to its disclosure.
Another conservative super PAC, the Sentinel Action Fund, also reported receiving $2.3 million from Musk.
Musk's donations to America PAC propel him into the exclusive club of Republican mega donors, a list that also includes banking heir Timothy Mellon and casino billionaire Miriam Adelson.
As part of its plan to stir support for Trump, America PAC has been giving away $1 million per day to a randomly selected signatory of its online petition, which is only open to registered voters in battleground states.
The Justice Department sent a letter to America PAC warning that the giveaways may violate federal law, CNN reported on Wednesday.
The petition falls into a gray area of election law, and legal experts are divided about whether Musk could be running afoul of prohibitions on paying people to register to vote.
America PAC has not responded to requests for comment about the letter.
Reporting by Jason Lange in Washington and Alexandra Ulmer in San Francisco; Editing by Lincoln Feast and Michael Perry
Berita Terkini
Penafian: Entiti XM Group menyediakan perkhidmatan pelaksanaan sahaja dan akses ke Kemudahan Dagangan Atas Talian, yang membolehkan sesorang melihat dan/atau menggunakan kandungan yang ada di dalam atau melalui laman web, tidak bertujuan untuk mengubah atau memperluas, juga tidak mengubah atau mengembangkannya. Akses dan penggunaan tersebut tertakluk kepada: (i) Terma dan Syarat; (ii) Amaran Risiko; dan Penafian Penuh. Oleh itu, kandungan sedemikian disediakan tidak lebih dari sekadar maklumat umum. Terutamanya, perlu diketahui bahawa kandungan Kemudahan Dagangan Atas Talian bukan permintaan, atau tawaran untuk melakukan transaksi dalam pasaran kewangan. Berdagang dalam mana-mana pasaran kewangan melibatkan tahap risiko yang besar terhadap modal anda.
Semua bahan yang diterbitkan di Kemudahan Dagangan Atas Talian kami bertujuan hanya untuk tujuan pendidikan/maklumat dan tidak mengandungi – dan tidak boleh dianggap mengandungi nasihat kewangan, cukai pelaburan atau dagangan dan cadangan, atau rekod harga dagangan kami, atau tawaran, atau permintaan untuk suatu transaksi dalam sebarang instrumen kewangan atau promosi kewangan yang tidak diminta kepada anda.
Sebarang kandungan pihak ketiga serta kandungan yang disediakan oleh XM, seperti pendapat, berita, penyelidikan, analisis, harga, maklumat lain atau pautan ke laman web pihak ketiga yang terdapat dalam laman web ini disediakan berdasarkan "seadanya" sebagai ulasan pasaran umum dan bukanlah nasihat pelaburan. Sesuai dengan apa-apa kandungan yang ditafsir sebagai penyelidikan pelaburan, anda mestilah ambil perhatian dan menerima bahawa kandungan tersebut tidak bertujuan dan tidak sediakan berdasarkan keperluan undang-undang yang direka untuk mempromosikan penyelidikan pelaburan bebas dan oleh itu, ia dianggap sebagai komunikasi pemasaran di bawah peraturan dan undang-undang yang berkaitan. SIla pastikan bahawa anda telah membaca dan memahami Notifikasi mengenai Penyelidikan Pelaburan Bukan Bebas dan Amaran Risiko mengenai maklumat di atas yang boleh diakses di sini.
