Elon Musk donates ‘sizable amount’ to pro-Trump super PAC: Report

Tech magnate Elon Musk has donated a "sizable amount" to the America PAC, which supports former President Donald Trump , according to Bloomberg .

It's the first time this election cycle that Musk has endorsed or financially backed a presidential candidate. Musk, who has shown right-leaning views on X , the social media platform he owns along with Tesla, is considered the richest man in the world.

The donation comes as Democrats have blasted President Joe Biden with calls to step down and donors have threatened to freeze funds to his presidential campaign if he doesn't. Trump largely trailed in fundraising until he was convicted in his Manhattan hush money trial in May, a month in which the campaign raised $141 million.

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The cash injection closed the gap between Trump and Biden in cash on hand, and Musk's donation could add to that. America PAC generally deals with bolstering the Trump campaign's ground game.

Trump and Musk have been rumored to be close as it appeared the former president was weighing an advisory role for him if Trump won the presidency again. In a Tesla annual meeting last month, Musk said, “[Trump] does call me out of the blue for no reason."