00:00It's Benzinga bringing Wall Street to Main Street.
00:02Elon Musk donated $15 million to Trump and the Republican Super PACs just days before
00:06suggesting the creation of a third political party, according to CNN. On June 27th, Elon
00:11Musk donated $5 million each to MAGA Inc., the Senate Leadership Fund, and the Congressional
00:16Leadership Fund. On June 30th, he threatened to form the America Party and contributed over
00:21$45 million to the America Pact in the first half of 2025. Trump's MAGA Inc. raised $177
00:27million during the same period. Musk's political pivot comes amid rising tension with Trump,
00:31including policy disagreements and concern about SpaceX's role in defense contracts.
00:36Trump administration's consideration of alternatives, like Amazon's Project Cooper,
00:40for the Golden Dome missiles event system, is cast doubt on SpaceX's future defense role.
00:45For all things money, visit Benzinga.com.
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