The pro-Trump super PAC supported by Musk raised $8.8 million in Q2

2024-07-16 08:37:57
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ChainCatcher news, according to Bloomberg, Palantir's Joe Lonsdale, along with cryptocurrency billionaires Cameron Winklevoss and Tyler Winklevoss, are major donors to Donald Trump's super PAC, which has also received support from Musk. According to documents recently submitted to the Federal Election Commission, America PAC raised $8.8 million in the second quarter, spent $7.8 million, and held just under $1 million in cash at the beginning of July.

According to a knowledgeable source, Musk did not donate until July, so he was not included in this report, which covers donations from the establishment of the committee on May 22 to the end of June. The billionaire posted a message on the X platform supporting Trump after the former president was injured while speaking at a rally in Butler, Pennsylvania, on Saturday night.

Lonsdale donated $1 million through his company Lonsdale Enterprises Inc. The Winklevoss brothers each donated $250,000. Other donors include Joe Craft, CEO of Alliance Resource Partners, who donated $1 million. His wife, Kelly Craft, served as the U.S. Ambassador to the United Nations during the Trump administration. These donations indicate that Trump's support is rising among major donors in the tech and finance sectors.

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