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WASHINGTON, DC – Tech billionaire Elon Musk said he plans to commit roughly $45 million each month to a new fund backing Donald Trump for US president, the Wall Street Journal reported Monday.
Musk is one of several major backers of the new fund, with others reportedly including Palantir co-founder Joe Lonsdale, former US ambassador to Canada Kelly Craft and cryptocurrency investors Tyler and Cameron Winklevoss. “I fully endorse President Trump and hope for his rapid recovery,” Musk wrote on the social media platform X, which he acquired in 2022.
In March, the two met in person during a donor breakfast hosted at the Florida residence of billionaire Nelson Peltz.
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