Elon Musk, CEO of Tesla and SpaceX, has contributed approximately $132 million to support former President Donald Trump and other Republican candidates in the 2024 U.S. elections, according to recent Federal Election Commission (FEC) filings.
The latest disclosures reveal that Musk donated an additional $56 million in the final weeks of the campaign, aiming to boost the Republican Party’s efforts across the executive and legislative branches.
The significant contributions place Musk among the top individual backers of GOP campaigns this election cycle.
His donations are aimed at advancing Trump’s bid for the White House, while also reinforcing the Republican presence in both the House and Senate.
Political analysts view Musk’s financial support as an influential factor in strengthening the GOP’s bid to reclaim control of Washington, with Musk’s wealth amplifying their impact on national policy debates.
These FEC filings underscore Musk’s increasing involvement in U.S. politics, where his contributions signal strong alignment with Republican policy goals and a desire to shape the political landscape.
As one of the world’s wealthiest individuals, Musk’s financial support has sparked debate about the influence of high-net-worth individuals in the election process.
