Elon Musk, a top ally of President-elect Donald Trump, was also the largest outside supporter of his presidential campaign by way of his America PAC.
According to new financial disclosures, in a late-cycle push, Elon Musk edged out Timothy Mellon as the largest individual donor to politicians seeking federal office in 2024.
On Dec. 5, federal committees registered with the Federal Election Commission issued their so-called post-general reports covering their financial activities from Oct. 17 through Nov. 25. The filings showed Musk, who has gained a position of high influence in President-elect Donald Trump’s circle, donated more than $238.5 million to a super political action committee backing Trump’s candidacy for the White House in 2024.
That total put Musk ahead of Mellon, an heir to the Mellon family fortune, who was a major donor to the Make America Great Again Inc. super PAC. MAGA Inc. was a prominent ally of Trump in his run for office. Mellon also sponsored a group supporting Robert F. Kennedy Jr.’s independent candidacy, American Values 2024, in 2023 and 2024.
Mellon contributed about $197 million in the 2023–2024 election cycle, according to the Money in Politics watchdog organization OpenSecrets.
Musk founded the super PAC America PAC, according to its website. The organization’s main goals are strong borders, safe cities, free speech, sensible spending, a fair justice system, and self-protection. According to its most recent FEC filing, America PAC spent more than $249.9 million in 2024.
Independent expenditure reports attached to the Dec. 5 filing said America PAC spent its money on printing, postage, phone calls, text messages, digital media, canvassing, and field operations largely to boost Trump and oppose the Democratic Party’s candidate, Vice President Kamala Harris. Smaller expenditures were directed toward helping Republicans in races for the House and Senate.
Musk and the PAC attracted considerable media attention by giving away $1 million per day to registered voters who signed a petition supporting free speech and the right to bear arms in the run-up to the election.
