How Elon Musk Is Backing Donald Trump To Win The US Elections

Elon Musk, the CEO of Tesla Inc. and SpaceX, has actively participated in the 2024 U.S. presidential campaign through his political action committee, America PAC. Launched in May 2024, the super PAC has allocated over $67 million towards advertising and canvassing efforts to support Donald Trump’s candidacy. 

Most recently, an ad from Elon Musk’s political action committee featured an assertive call to action, urging young men to vote for Donald Trump, portrayed as an “American Badass” to rally support as Election Day approaches.

Elon Musk’s Political Involvement in the U.S. Election

Elon Musk’s America PAC has committed substantial financial resources, totaling more than $67 million, in backing Donald Trump. This effort is part of a strategic campaign to mobilize young male voters, a demographic that has shown varying levels of engagement in past elections. By focusing on this group, Musk aims to boost Trump’s electoral chances, particularly in swing states.

The super PAC has utilized advanced micro-targeting techniques to reach young men on platforms like Facebook, YouTube, and X. These targeted ads often feature themes that resonate with this demographic. In this latest advert, a voiceover in the advertisement broadcast on the social platforms declared, “If you sit this election out, Kamala and the crazies will win.”

This support from the Tesla CEO comes after Trump publicaly disclosed that he intends to appoint Elon Musk to the Department of Government Efficiencya role should he win the election. Concurrently, the SpaceX CEO expressed interest in Trump’s proposal stating, “I Can’t Wait” to audit US Federal Agencies. 

Kamala Harris and the Female Electorate

On the other hand, Vice President Kamala Harris has garnered support from female voters, partly fueled by the backlash against the 2022 reversal of Roe v. Wade. This support is evident in the mobilization efforts led by high-profile endorsements from figures like Taylor Swift and Oprah Winfrey. 

Taylor Swift’s influence was particularly notable after she directed her substantial social media following to voter registration sites, boosting Harris odds on prediction markets.

Additionally, Oprah Winfrey, during a virtual town hall, emphasized the importance of unity and participation in the electoral process, particularly appealing to female voters. She emphasized,

“This is the moment for all decent people, all caring people who want the best for yourself and you want the best for other people.”

Elon Musk and Speculations of Political Repercussions

Speculations about Elon Musk’s potential political repercussions should Donald Trump not win have stirred considerable conversation. Musk has openly criticized the Biden administration, which has led to concerns about his standing should the current administration continue. 

His recent comments on X about a possible arrest under a Kamala Harris presidency have ignited debate and added to the controversy.

In addition, Musk, who is well-known for his crypto advocy, recently intensified his involvement with Dogecoin. He declared the Shiba Inu Dog “Doge” as the mascot for the Department of Government Efficiency if appointed.

Moreover, DOGE price recently rallied boosted by Musk’s ‘Dogefather’ post, which has intensified interest and speculative trading within the community. This surge underscores his impact on crypto markets even as he continues his political involvements.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.