Elon Musk to support new Trump PAC with donation of $45 million

Elon Musk has planned to donate $45 million a month to support a new Donald Trump super political-action committee as sources.

Musk shared earlier that he would start his donations to America PAC to back the former president.

However, he was not listed in the filing by the America PAC shared on Monday which stated that it has raised a sum well over $ 8 million.

According to sources, Musk had not donated his pledged share by the end of June to the America PAC.

It was verified as his name was not mentioned in the quarterly financial filing which was submitted to the Federal Election Commission on Monday. 

The super PAC which was formed at the end of May has, however, received donations from other high-profile entrepreneurs such as co-founder of Palantir, Joe Lonsdate, Crypto billionaires Cameron and Tyler Winklevoss and former U.S. ambassador to Canada Kelly Craft among others.

The filing confirmed a donation of $1 million from Lonsdale via Lonsdale Enterprises to the super PAC while the investors Winklevoss twins donated $250,000 each.

The filings also stated that the super PAC cashed in $8.8 million and spent $7.8 million from the inception of the committee in May till the end of June and is now only left with a million dollars.