Elon Musk and the Shift in Election Spending

USATue Nov 12 2024
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In the last election, Elon Musk made history with his massive spending. His super PAC invested around $200 million to back Donald Trump's campaign. This billionaire, known for his leadership at Tesla and SpaceX, poured most of these funds into America PAC. The goal? To boost voter turnout among first-timers and those who rarely vote. This spending spree was made possible by a crucial March ruling from the FEC. The ruling allowed super PACs to work closely with campaigns, meaning Trump's team could use Musk's nearly unlimited money to their advantage. This let them save resources and focus on key areas like national ad campaigns and targeted outreach to traditionally Democratic demographics.
Musk's involvement didn't stop at money. He also became one of Trump's most visible supporters, appearing with him on stage. This connection helped Trump connect with younger voters who admire Musk. And Musk's ownership of Twitter, now known as X, added another layer to his support, as he worked to loosen rules that limited Trump’s presence on the platform. The results were clear. Trump saw significant boosts in voter turnout, particularly among Black and Latino men. Musk's impact was so significant that Trump credited him on election night, calling him "a new star. " With Musk expected to play a pivotal role in a potential second Trump administration, we’re seeing a shift in how presidential campaigns are run. Not all efforts were smooth. America PAC faced controversies, including reports of canvassers faking their work and poor working conditions. Despite these issues, the election demonstrated the potential power of billionaire-funded super PACs in modern politics.
https://localnews.ai/article/elon-musk-and-the-shift-in-election-spending-951e4140

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