Headline Roundup • July 17th, 2024
Elon Musk Grows More Vocal in Support of Trump
Summary from the AllSides News Team
Elon Musk, CEO of Tesla and Space X and owner of X Corp (formerly known as Twitter), has come out more publicly in support of former President Donald Trump.
Key Details: Musk has reportedly pledged to contribute $45 million each month to a new super PAC backing Trump, called America PAC. He has also indicated his support for Trump's new running mate on the Republican Party's 2024 national ticket, Ohio Sen. J.D. Vance. Trump announced Monday on Truth Social that Vance would be his running mate.
Key Quote: "Congratulations @JDVance1!," Musk posted on X. "Excellent decision by @realDonaldTrump."
For Context: Musk endorsed Trump after the shooting on Saturday night, and also seemingly pushed back on the report about the PAC.
How the Media Covered it: Fox Business (Lean Right bias) noted that other billionaires, such as Pershing Square Capital Management CEO Bill Ackman, have thrown their public support behind Trump since Saturday. CNN (Lean Left bias) noted that Musk and Trump might not seem to be natural allies since Musk supports cutting greenhouse emissions while Trump sees many forms of clean energy as unnecessary or even destructive.
Featured Coverage of this Story
Antonio Masiello/Getty Images
Billionaire entrepreneur Elon Musk celebrated former President Trump's decision to choose Ohio Sen. J.D. Vance as his running mate for the Republican Party's 2024 national ticket on Monday.
"Congratulations @JDVance1!," Musk posted on his social media platform, X, following the announcement that Vance would be the GOP's vice presidential nominee. "Excellent decision by @realDonaldTrump."
Tesla CEO Elon Musk speaks at the Atreju political convention organized by Fratelli d'Italia (Brothers of Italy), on December 15, 2023 in Rome, Italy. Musk praised former President Trump's selection of J.D. Vance as his running mate on...
Getty Images
At first glance Elon Musk and Donald Trump wouldn’t seem to be natural allies.
One has made cutting greenhouse emissions a major business selling point. The other questions the need to cut emissions at all, denouncing most forms of clean energy as at best unnecessary and at worst destructive.
One wants to move away from fossil fuels and convert all car sales worldwide to electric vehicles. The other believes EVs will be an economic disaster for America and that the nation should to produce and burn more oil.
AP Photos
Tech billionaire Elon Musk said he will commit $45 million per month to a new political action committee backing former President Trump, The Wall Street Journal reported Monday.
Musk’s announcement comes on the same day Trump was named the Republican Party’s official nominee and after he named Sen. JD Vance (R-Ohio) as his running mate.
America PAC will primarily focus on voter outreach and registration efforts, the Journal reported, with the intention to combat Democrats’ traditionally strong similar campaigns.
Other notable backers of the PAC include the Winklevoss twins, tech entrepreneur Joe Lonsdale, former...
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