• WLFI Crisis: Desperate Investor Reveals Shorting is the Sole Path to Recover Catastrophic Losses
  • Australian Dollar Under Pressure as Iran Truce Uncertainty Sparks Renewed Risk-Off Fears
  • Forex Today: Risk Rally Stalls as Fragile US-Iran Ceasefire Sends Shockwaves Through Currency Markets
  • GBP/JPY Price Forecast: Pound Defiantly Holds Gains with Crucial 213.30 High in Sight
  • NZD/USD Surges: Pair Eyes Critical 200-day SMA at 0.5850 Amid Fourth-Day Rally Ahead of Pivotal US Data
2026-04-09
Coins by Cryptorank
  • Crypto News
  • AI News
  • Forex News
  • Sponsored
  • Press Release
  • Submit PR
    • Media Kit
  • Advertisement
  • More
    • About Us
    • Learn
    • Exclusive Article
    • Reviews
    • Events
    • Contact Us
    • Privacy Policy
  • Crypto News
  • AI News
  • Forex News
  • Sponsored
  • Press Release
  • Submit PR
    • Media Kit
  • Advertisement
  • More
    • About Us
    • Learn
    • Exclusive Article
    • Reviews
    • Events
    • Contact Us
    • Privacy Policy
Skip to content
Home Crypto News Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC
Crypto News Investing

Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC

  • by Sofiya
  • 2024-07-16
  • 0 Comments
  • 2 minutes read
  • 1172 Views
  • 2 years ago
Facebook Twitter Pinterest Whatsapp
Elon Musk Denies $45 Million Donation To Pro-Trump Super PAC

Elon Musk has recently taken to a post on X, denying a report by WSJ that claimed him to be in plans to donate $45 million to pro-Trump PAC.

  • Musk calls the WSJ report fake, denying any plans for donations.
  • Recently, the WSJ and Bloomberg reported Musk to be in plans to donate $45 million monthly to a pro-Trump PAC.
  • Despite Musk siding with Trump, no donations to political groups are in the pipeline.

The renowned American entrepreneur Elon Musk has once again made headlines with his recent comments amid the ongoing US elections. In a post on X today, July 16, the Tesla & SpaceX lead called a WSJ (The Wall Street Journal) report false. 

The report claimed Musk to be in plans to donate large sums of money to a pro-Trump super PAC (Political Action Committee).

This chronicle has sent tongues wagging nationwide, stirring speculations despite Trump’s prominent stance in the ongoing US elections. 

Intriguingly, the report by WSJ on Musk’s pro-trump donation came subsequent to the assassination attempt on the former U.S. President, further sparking discussions across the community.

Elon Musk Calls WSJ Report Fake

Elon Musk, in reply to WSJ’s pro-Trump donation report on X, posted an image that read “FAKE GNUS.” This indicated that the American entrepreneur denied any such plans to offer aid to political groups.

Meanwhile, another report by Bloomberg in the aftermath of the assassination attempt claimed Musk to be in plans to donate $45 million a month to the abovementioned PAC. Nonetheless, Musk has strongly denied these allegations.

Moreover, a post by the entrepreneur’s social media app’s news account, X News Daily, further reaffirmed that Musk did not commit any donations. 

As a result, it drew attention to the nation’s campaign finance laws. The laws mandate political groups to reveal their list of donors publicly. 

“So if Elon is infact donating it will be made public in due course,” the post added.

Musk Supportive Of Trump?

Meanwhile, despite Elon Musk negating allegations that he plans to donate to any pro-Trump PAC, it is pretty clear that the American entrepreneur sides with Donald Trump.

In a post that was shared soon after the assassination attempt, Musk stated, “I fully endorse President Trump and hope for his rapid recovery.” This statement underlines a clear sense of confidence in the U.S. presidential candidate’s potential.

Meanwhile, it’s also worth mentioning that following the assassination attack, the TRUMP meme coin saw a phenomenal price upswing in value.

Disclaimer: The information provided is not trading advice, Bitcoinworld.co.in holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

Tags:

$45 MillionDeniesDonationElon MuskPACPro-TrumpSuperWSJ

Share This Post:

Facebook Twitter Pinterest Whatsapp
Previous Post

Donald Trump’s VP Pick JD Vance Has Mega Stake In Bitcoin

Next Post

Bitcoin Price Sheds 3% As 100,000 BTC Leaves Mt. Gox Cold Wallet

Categories

92

AI News

Crypto News

Bitcoin Treasury Ambition: The Blockchain Group Seeks Staggering €10 Billion

Events

97

Forex News

33

Learn

Press Release

Reviews

Google NewsGoogle News TwitterTwitter LinkedinLinkedin coinmarketcapcoinmarketcap BinanceBinance YouTubeYouTubes

Copyright © 2026 BitcoinWorld | Powered by BitcoinWorld