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PoliticsU.S. Presidential Election

Musk’s pro-Trump PAC plans $1 million handouts in swing states

By
Ishika Mookerjee
Ishika Mookerjee
and
Bloomberg
Bloomberg
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By
Ishika Mookerjee
Ishika Mookerjee
and
Bloomberg
Bloomberg
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October 20, 2024, 11:37 AM ET
 Elon Musk participates in a town hall-style meeting on Oct. 17 in Folsom, Pennsylvania.
Elon Musk participates in a town hall-style meeting on Oct. 17 in Folsom, Pennsylvania.Anna Moneymaker—Getty Images

Elon Musk said the super political action committee he created will give away $1 million daily until Election Day to a signatory of a petition calling for free speech and the right to bear arms.

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The pro-Donald Trump group, called America PAC, will pick a random registered voter in swing states to win the prize through Nov. 5, Musk said in a post on X. 

“We want to make sure that everyone in swing states hears about this and I suspect this will ensure they do,” the billionaire wrote in the post.

Musk has funneled almost $75 million into America PAC, formed earlier this year to back Republican candidates in battleground districts across the US. He has become an increasingly vocal backer of Trump, using his social media platform X to promote the former president.

Read more: Musk’s Trump Wager Sets Up Shield for Tesla, Gains for SpaceX

In the battleground states, polling averages show Trump holding a narrow lead over Kamala Harris, who would be the first Black and Asian woman to win the White House.

Musk was America PAC’s only donor, making seven separate contributions between July 3 and Sept. 5, according to its latest filing with the Federal Election Commission. The bulk of its spending, $68.5 million, supported Trump.

In a post on X last week, Musk said that registered Pennsylvania voters would get $100 for signing the free-speech petition until midnight on Oct. 21.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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