(DCNF)—Billionaire Elon Musk reportedly said he plans to commit around $45 million a month to a super political action committee (PAC) helping to elect former President Donald Trump into office come this November.
Sources familiar with the matter told The Wall Street Journal about the billionaire’s plans to further his support for the American PAC, the outlet reported. Other figures who are additionally involved in backing the group includes Palantir Technologies co-founder Joe Lonsdale, cryptocurrency billionaires Cameron and Tyler Winklevoss, former U.S. ambassador to Canada Kelly Craft and her husband Chief Executive of Alliance Resource Partners, Joe Craft.
Reports of Musk donating to the American PAC were released Friday, with sources familiar with the matter telling Bloomberg that Musk had made a “sizable” donation.
Following the failed assassination attempt against Trump on Saturday at his Pennsylvania rally, Musk announced his full support for the former president in a post on X (formerly known as Twitter).
“I fully endorse President Trump and hope for his rapid recovery,” Musk wrote.
I fully endorse President Trump and hope for his rapid recovery pic.twitter.com/ZdxkF63EqF
— Elon Musk (@elonmusk) July 13, 2024
The former president has been steadily gaining support from Silicon Valley elites over the last few months, as more have come forward to endorse him. In addition to Musk on Saturday, billionaire hedge fund manager and long-time Democrat donor Bill Ackman threw his endorsement towards Trump, writing in a post on X about his “supportive posts of Trump” and “criticisms” of President Joe Biden.
“You of course don’t need to care about my opinion so feel free not to read my post when it appears. That said, I believe the upcoming presidential election is one of the most consequential elections in my lifetime so I am taking the proper time to articulate observations that I will share widely and for which I assume an important responsibility,” Ackman wrote.
Others such as Venture capitalists David Sacks and Chamath Palihapitiya threw a fundraiser for the former president in early June and raised a total of $12 million from some donors who had never donated to Republicans or Trump prior to the event.
Elon Musk, America PAC and the Trump campaign didn’t immediately respond to the Daily Caller News Foundation’s request for comment.
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At Last, a Company With Integrity in the Gold IRA Industry
For several years, I’ve been vetting out precious metals companies in search of the best. I believe in gold and silver but it’s hard to find integrity in the Gold IRA industry. The vast majority operate with shady tactics and gigantic spreads that take advantage of Americans who simply want to protect their life’s savings.
I’ve found a handful that I like and I’ve worked with some of them. By no means would I “unrecommend” them because, again, I vetted them out and found them to be above the fold. Unfortunately, it isn’t hard to be better than the rest when the rest are so darn awful.
After years of searching, I finally found a company that truly operates with integrity. Augusta Precious Metals has three important attributes that set them far above the competition:
- Non-Commissioned Sales Team: I cannot stress how important and unique this is. With just about every other company in the Gold IRA industry, the sales teams make commission from every account they open. This means they steer their clients toward the gold and silver products with the highest commission. With Augusta Precious Metals, the team is solely focused on putting the best gold and silver for their clients into their IRA. They get paid to serve the best interests of the Gold IRA client, NOT their own commission pay.
- Incredibly Low Fees: Most Americans would be shocked if they knew the spread other Gold IRA companies charge. Augusta charges just 5% versus up to 45% elsewhere.
- No Pressure, No Gimmicks: There’s an understanding among most in the Gold IRA industry that fear and pressure is the way to go. Augusta Precious Metals takes a sober approach when working with clients because they hold integrity in the highest possible regard. This is why they don’t offer gimmicks like “free” or “bonus” silver. It’s also why they do not apply pressure tactics to get quick sales. Their educational and transparent approach to doing business is exceedingly rare in the Gold IRA industry.
