Friday , November 15 2024

Musk spent money like water in support of Trump, became the second largest donor; but maybe 5 years sentence

25 10 2024 Elon Musk 12 9418227

New Delhi: Billionaire Elon Musk is openly supporting Donald Trump in the US presidential elections. They are also holding rallies in support of Trump. This is why Musk has become the second largest person to provide financial support to Trump before the elections.

Till now he has donated about 120 million dollars i.e. Rs 10,08,82,38,456. However, Musk has not given this donation to Trump. The organization that helped elect Trump was given to a super PAC. Notably, as of Thursday evening, Forbes estimated Musk's net worth at $269.8 billion. He is currently the richest person in the world.

Musk stuck in legal trouble!

Musk donated $43.6 million to America PAC from October 1 to 16. Apart from this, recently Musk had announced to give more than Rs 8 crore to one lucky voter every day. But they seem to be stuck in this matter. Legal action has been initiated against him.

Musk will be sentenced to five years in prison

According to American experts, Musk's announcement is a violation of the law. According to US law, no one can be induced to give gifts or money in exchange for voting or registration. Meanwhile, the Justice Department has also written a letter to America PAC. It says the announcement violates federal law. If found guilty, the punishment could be a fine of up to $10,000 or up to five years in prison. Musk did not announce the winner of his daily giveaway on Wednesday after the warning.

timothy on number one

According to the New York Times report, Elon Musk has left Mary Adelson behind in terms of donations. He has now become the second largest donor to Trump supporters. Billionaire Timothy Mellon is ahead of Musk in this race. Mellon has so far donated $150 million in support of Trump.

That's why I didn't donate

According to Federal Election Commission documents, Elon Musk gave $43.6 million to America PAC between October 1 and 16. Before this, till September 30, Musk had donated 75 million dollars. Meanwhile, America PAC announced $1 million per day to attract voters in the state. But for this, voters will have to sign a petition on the organization's website.

There are speculations that this is the reason why Musk has not donated much in the month of October. Musk has emerged as a staunch supporter of Trump in the presidential elections. He is also holding rallies in support of Trump in Pennsylvania.