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Elon Musk put $277 million into the election. He's $200 billion richer this year


Published on 2024-12-15 13:00:54 - MSN
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  • The tech billionaire was the largest donor in the 2024 election cycle. The value of his companies, Tesla and SpaceX, has soared since Donald Trump's victory.

Elon Musk, who has seen his wealth increase by $200 billion this year, invested $277 million into the 2022 midterm elections, primarily supporting Republican candidates and causes. This financial involvement was detailed in a report by The Washington Post, highlighting Musk's significant political spending through various channels. His contributions included direct donations to candidates, funding for political action committees, and support for issue advocacy groups. Musk's political activities have stirred controversy, especially given his public statements and actions on social media platforms like X (formerly Twitter), where he has openly criticized certain political figures and policies. This investment underscores Musk's growing influence in American politics, aligning with his outspoken views on free speech, government regulations, and economic policies.

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