Musk's support organization spent about $200 million to support Trump's campaign for the U.S. presidency

2024-11-12 08:09:30

Collection

ChainCatcher news, according to the Associated Press, informed sources revealed that Elon Musk's Super PAC spent about $200 million to help Trump campaign for the U.S. presidency, setting a new standard for how billionaires influence elections. It wasn't just Musk's money that helped Trump; in the final months of the campaign, Musk became one of Trump's most prominent surrogates, frequently appearing alongside him.

Musk is expected to play a key role in Trump's second-term administration, with Trump stating that he will put Musk in charge of a new government efficiency committee. Musk's SpaceX is also collaborating with the U.S. Department of Defense and intelligence agencies. Since Trump's victory, Tesla's stock price has soared, increasing its market value by $300 billion, which has also boosted Musk's net worth by $70 billion. (Jinshi)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

The Collision of Musk and the Cryptocurrency Industry

Elon Musk's actions in the cryptocurrency market always provoke strong reactions. Musk will join the U.S. government's efficiency department, and the market value of DOGE has subsequently reached a new all-time high. This topic will cover the "collisions" between Musk and the cryptocurrency industry.

Topic or theme