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submitted 2 months ago by MicroWave@lemmy.world to c/news@lemmy.world

Elon Musk gave another $56 million to elect Donald Trump and other Republicans in the final weeks of the 2024 election, bringing to at least $132 million the amount spent by the world’s richest person to elevate his allies to the White House and Congress, federal filings show.

The donations — revealed in disclosures with the Federal Election Commission Thursday — show that the Tesla Inc. and SpaceX chief executive officer has poured money into the Washington trifecta: funding Trump’s White House bid, along with supporting House and Senate Republicans.

Musk, who had only given modest political donations until the 2024 election cycle, funneled $43.6 million in the first half of October into America PAC, the group he founded, bringing his total for the year to $118.6 million. He also spent millions more spreading money around the political system which helps him build a network of allies.

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[-] Nougat@fedia.io 67 points 2 months ago

This makes me want to do math.

$132M is just under 0.05% (one-half of one-tenth of one percent) of $269.8B.

If you were a millionaire, having a net worth of one million dollars, this would be like making a $500.00 donation. Net worth of TEN million dollars? That's a whopping $5000.00 contribution.

[-] Mouselemming@sh.itjust.works 11 points 2 months ago

So I should give Kamala my salary x 0.0005?

Huh, I've done more already, fElon's a putz.

[-] Nougat@fedia.io 7 points 2 months ago
[-] Mouselemming@sh.itjust.works 12 points 2 months ago

Not a huge difference, I think I'm still ahead of him.

[-] Flocklesscrow@lemm.ee 2 points 2 months ago

Huge difference in tax liability, for sure.

[-] yesman@lemmy.world 3 points 2 months ago

What about the math where Elmo spends this money on ad-buys for X?

Billionaires never simply spend money.

[-] Orbituary@lemmy.world -2 points 2 months ago
[-] Breve@pawb.social 30 points 2 months ago* (last edited 2 months ago)

Buying a social media network: $40 billion

Buying a US election: $0.13 billion

Democracy is fucked.

[-] Kecessa@sh.itjust.works 27 points 2 months ago

The guy is pretty fucking dumb, Republicans don't want to subsidize EV purchases, they cut spendings all over the place including space exploration... How does he thinks his condition will improve under them?

[-] pearsaltchocolatebar@discuss.online 26 points 2 months ago

He needs Trump to win so he doesn't go to prison.

[-] Kecessa@sh.itjust.works 11 points 2 months ago

He never went to prison since Biden got elected, the guy just had to shut the fuck up and be a good citizen that's also working with the government to improve shit!

[-] skulblaka@sh.itjust.works 3 points 2 months ago

At this point I'm comfortable saying that that is physically impossible for him.

[-] billiam0202@lemmy.world 18 points 2 months ago

If Musk has been talking to Putin for the past two years... Maybe he's in hock to Russia? Maybe Putin is strongly suggesting it would benefit Musk's health to make sure Trump is elected?

[-] halcyoncmdr@lemmy.world 7 points 2 months ago

He bought Twitter and fell down the propaganda rabbit hole.

[-] vxx@lemmy.world 5 points 2 months ago

He got offered a job at the government, that's how.

[-] sparky@lemmy.federate.cc 3 points 2 months ago

This is what I keep thinking. If we drew a Venn diagram of hardcore republicans and EV buyers, they would be two distant, non-intersecting circles.

[-] avidamoeba@lemmy.ca 1 points 2 months ago* (last edited 2 months ago)

Giving them money would change their stance on these key issues. The state can subsidize all those industries at the same time.

[-] Obi@sopuli.xyz 24 points 2 months ago

The photos of him on these articles just keep getting better and better.

[-] sachamato@lemmy.world 0 points 2 months ago

I came to say they did him dirty with those pics lol

[-] Snowpix@lemmy.ca 3 points 2 months ago

He does himself dirty every time he shows himself in public.

[-] LEDZeppelin@lemmy.world 13 points 2 months ago* (last edited 2 months ago)

Chief Justice Roberts would be proud

[-] DogPeePoo@lemm.ee 13 points 2 months ago
[-] BigMacHole@lemm.ee 7 points 2 months ago

Look at that Democratic Deep State RAT!

[-] Blackout@fedia.io 5 points 2 months ago

He sure knows how to waste money. What possible good can it do now? Should have started months ago

[-] Brkdncr@lemmy.world 7 points 2 months ago

It think that represents only 1/1800th of his wealth.

Divide your wealth by 1800 to get some perspective. I’ve spent that much without much thought.

[-] skulblaka@sh.itjust.works 1 points 2 months ago

The relationship that you and I have with money is fundamentally different from the relationship these ultra-rich have with money, though. It is an addiction for them. Spending money without a guaranteed return is anathema to them, it just isn't done, no matter how small the amount.

He has a motive behind these expenses. And I really think it is because he is afraid. Terrified, in fact, of what happens after Trump isn't elected.

this post was submitted on 26 Oct 2024
378 points (98.7% liked)

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