Billionaire entrepreneur Elon Musk says there are currently no plans to fund the Republican Super PAC in future US elections, including those who oppose the president. Joe Biden In 2024.
The Tesla And SpaceX CEO, who is listed by Forbes as the wealthiest person in the world, told CNBC in an email that he excluded funding for such external groups. Super PACs can be raised at an unlimited amount of money to campaign against enemies and are often an important tool for ultra-rich people who prefer more than politics... Forbes says his net worth is over $ 218 billion. Musk publicly A feud between Biden and his administration.
When asked if Tesla and SpaceX CEO Musk have plans to create their own campaign fund to expel Biden in the presidential election, “I have no plans to create a Super PAC.” Stated. “Nothing is happening at Super PAC” when faced with plans for the November midterm elections.
Technical executives such as Sam Bankman-Fried and Peter Thiel donated a total of at least $ 35 million., According to FEC records, it has been a Super PAC so far in the 2022 election cycle. Thiel and Musk are part of the so-called “PayPal Mafia,” an executive group that helped launch PayPal, a financial technology company.
Mask said twice this week He said he would vote for Republicans in the next election, even though he had previously said he had voted for Democrats such as former President Barack Obama.
He told CNBC in February: sharp I ignored Tesla every time. Whitehouse officials announced in April that they had held it. meeting We talked about electric cars with other car executives, including Musk and GMCEO Mary Barra.
But I have a mask Continue Despite its recent meeting, it blows up Biden.
He did not respond to follow-up emails when asked if he was planning to donate or campaign for a candidate or issue. In future elections, including whether he plans to donate directly to the GOP candidate’s presidential election, use his Twitter account as a bully against Biden and the Democrats, or use his extensive network of business allies. Use to raise money for the final Republican candidate. president.
Musk can also fund 501 (c) (4) nonprofits that can target Biden’s policies from the mid-term to the 2024 elections. These types of groups do not require public disclosure of donors, so millionaires like musk can remain anonymous.
Musk says he wants to stay away from politics, but his campaign donations, corporate lobbying, and tweets to millions of followers. Show that the opposition is true.
His previous political contributions were evenly divided between Democrats and Republicans, but Federal Election Commission records show that his recent donations went to the Republican National Committee last year.The mask almost gave $ 40,000 Protect The House, the Republican Political Action Committee, is a PAC aimed at protecting the majority of GOPs in mid-2018. Republicans lost a majority in the House of Representatives in that cycle. Tesla and SpaceX spent a total of more than $ 450,000 in lobbying in the first quarter of 2022 alone, according to a federal disclosure report.
Keeping away from funding Super PACs, especially those targeting Biden in light of Musk’s criticism, shows that Republicans can’t rely on his support in the next elections this year and 2024. Yes, some political strategists say.
Most of these people weren’t named for fear that Mask could use his Twitter account against them.
A Republican strategist said Musk “has too many loose cannons to count on.” “One day he supports you and he knows the next day,” he said.
Neither Musk nor Amazon founder Jeff Bezos “have a tendency to spend money behind what they say in this area,” a Silicon Valley political consultant counts both millionaires as friends. Said. Bezos also Attitude toward inflation.. Forbes ranks Bezos as the third wealthiest person in the world, with a net worth of over $ 130 billion.
Musk is in the process of buying Twitter, and the initial bid was $ 40 billion. The transaction must be approved by the regulatory agency while Musk hints that he can attempt to make the transaction. Owned Until he makes the number of fake Twitter accounts clearer.The Wall Street Journal reported that the Securities and Exchange Commission is investigating the second half of the mask. Disclosure Of his stock on Twitter. The journal He also previously reported that the agency is investigating Musk and his brother Kimbal about the sale of Tesla’s shares.
Former President Donald Trump said Musk He allows back It does not rule out joining the platform and playing against Biden in 2024 after Twitter has banned him permanently. Trump says he doesn’t want to go back to Twitter and stays at Truth Social, a social media platform.
Democratic strategist Mary Ann Marsh says that for Democrats, Musk’s failure to fund Super PACs only gives them a little reassurance. He will return to the social media platform during the presidential election cycle.
“Who needs a Super PAC to be able to pass Twitter to Trump?” Marsh told CNBC. “If Mask owns Twitter, allowing Trump to return, it’s worth billions in his campaign.”