Elon Musk Donated $15 Million To Trump's MAGA And GOP Just 3 Days Before His Third Party Bid

Benzinga

Elon Musk donated $15 million to Trump and Republican super PACs just days before suggesting the creation of a third political party, according to CNN. On June 27, Elon Musk donated $5 million each to MAGA Inc., the Senate Leadership Fund, and the Congressional Leadership Fund. On June 30th, he threatened to form the America Party and contributed over $45 million to the America PAC in the first half of 2025. Trump’s MAGA Inc. raised $177 million during the same period. Musk’s political pivot comes amid rising tension with Trump, including policy disagreements and concerns about SpaceX’s role in defense contracts. The Trump administration’s consideration of alternatives like Amazon’s Project Kuiper for the Golden Dome missile defense system has cast doubt on SpaceX’s future defense role.

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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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