Musk’s planned cash infusion could help build Trump’sfundraising advantage over President Joe Biden, who has suffered from adonor revolt in recent weeks, with some calling for him to step asidefor a new nominee.
By Jennifer Jacobs and Bill Allison, Bloomberg NewsElon Musk, co-founder of Tesla and SpaceX and owner of X Holdings Corp., speaks at the Milken Institute's Global Conference at the Beverly Hilton Hotel,on May 6, 2024, in Beverly Hills, California.
Palantir’s Joe Lonsdale and crypto billionaires Cameron Winklevoss and Tyler Winklevoss are among other big donors to the group, America PAC, which is working to reach out to voters to convince them to show up to the polls in November. Lonsdale gave $1 million through his company Lonsdale Enterprises Inc. The Winklevoss twins each gave $250,000. Other donors include Joe Craft, chief executive officer of Alliance Resource Partners, who gave $1 million. His wife, Kelly Craft, was US ambassador to the United Nations under Trump.ADVERTISEMENT
Biden’s disastrous performance in his June 27 debate with Trump, which plunged the Democratic Party into an internecine struggle between his supporters and those who would prefer a different standard bearer, accelerated the move to Trump.Though FEC disclosures don’t detail where the work is occurring, canvassing and get-out-the-vote efforts are conducted most intensively in key battleground states that will determine the outcome of the election.
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