Elon Musk Has No Plans to Donate to GOP Super PACs

Tesla CEO Elon Musk dropped a bombshell this week, telling the world that he plans to vote for Republicans.

Despite voting for Democrats in the past, which included former President Barack Obama, Musk is now going Red.

He did say however that he doesn’t plan to donate to GOP super PACs in upcoming elections — despite a feud with President Biden. Musk is among a group of business leaders who have publicly feuded with Biden and his administration.

“No super PAC anything going on,” the billionaire said when asked if he plans to finance a super PAC in the upcoming elections.

Musk, who is listed by Forbes as the wealthiest person in the world, told CNBC in an email that he’s ruled out funding such an outside group.

Super PACs can spend and raise unlimited amounts of money to campaign against their opponents.

Tech executives such as Sam Bankman-Fried and Peter Thiel have given at least $35 million, combined, to super PACs so far in the 2022 election cycle, according to FEC records.

Musk said twice this week that he plans to vote for Republicans in upcoming elections. He told CNBC earlier this year that “Biden has pointedly ignored Tesla at every turn.”

White House officials announced in April that they held a meeting with Musk and other auto executives, including GM CEO Mary Barra, about electric vehicles.

While Musk has said that he “would prefer to stay out of politics,” his actions say otherwise.

His previous political donations have been evenly split between Democrats and Republicans, though Federal Election Commission records show his most recent contribution came last year to the Republican National Committee. Musk gave almost $40,000 to the Republican political action committee Protect the House, a PAC that was meant to protect the GOP majority during the 2018 midterms.

Former President Donald Trump, who Musk has said he would allow back onto the platform after Twitter permanently banned him, has not ruled out running against Biden in 2024.

Disclaimer: We have no position in any of the companies mentioned and have not been compensated for this article.