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☆ Sequoia's Michael Moritz says Trump's Silicon Valley supporters are making a 'big mistake'
▼ + stars: | 2024-08-05 | by ( Sri Muppidi | ) www.businessinsider.com time to read: +4 min

Read previewWhile some Silicon Valley investors and startup leaders are going red hoping for a more "tech-friendly" White House, Michael Moritz, a storied Sequoia Capital investor, believes that does not reflect the Valley overall. "Fortunately, at least in Silicon Valley, Trump will not prevail," Moritz wrote in a Financial Times opinion piece, which was also posted on LinkedIn. Like the rest of the nation, Silicon Valley is deeply divided over whom to support in the upcoming presidential race. In his piece, Moritz chided Trump supporters in Silicon Valley. Moritz added that Trump had historically not performed well among Silicon Valley voters.

Persons: —, Michael Moritz, Trump, Moritz, Kamala Harris, Donald Trump, Doug Leone, Shaun Maguire, Roelof Botha, Andreessen Horowitz, Marc Andreessen, Ben Horowitz, Fund's Peter Thiel, David Sacks, Chamath, Vance, Sen, JD Vance, Palmer Luckey, Elon Musk, VCs, Kamala, Harris, Vinod Khosla, Reid Hoffman, Mark Cuban, Ron Conway Organizations: Service, Sequoia Capital, LinkedIn, Business, Google, PayPal, Democratic, Republican, Tech, Trump, VR, Bloomberg, PAC, Street Journal, Netflix, Harris, Politico Locations: Silicon Valley, Sequoia, Park City , Utah, Silicon, Palo Alto , California, Newport Beach , California, Washington ,, Francisco, San Jose

☆ How the polling landscape has changed in the last two weeks: From the Politics Desk
▼ + stars: | 2024-08-02 | by ( The Politics Desk | ) www.nbcnews.com time to read: +7 min

In today’s edition, we report on how the polling landscape has changed since Vice President Kamala Harris took over as the Democratic presidential candidate. But the Trump campaign is rushing to define Harris differently. This week, two ads went up that underscored the war to define Harris. Read more → 📺 The race is on: The race to define Harris is heating up, with the Harris campaign and the Trump team hitting the airwaves. Read more →The race to define Harris is heating up, with the Harris campaign and the Trump team hitting the airwaves.

Persons: Kamala Harris, Yamiche, Yamiche Alcindor, Kamala Harris ’, Joe Biden, Megan Thee, —, Donald Trump, Trump, Harris, ” Trump, Brian Hughes, ” Harris, She’s, The, Read, Mark Murray It’s, Biden, 🗞️, J aime H, J ohn, Simone Biles, Organizations: NBC, White House, Capitol, Democratic, Democratic Party, Biden, The Trump, —, New York Times, Siena College, Street, Reuters, NYT, Wall Street, Bloomberg, Trump Locations: Arizona , Georgia, Nevada , North Carolina, Pennsylvania, Arizona , Nevada, Wisconsin, Michigan

☆ A 'prosecutor' vs. 'weak': The battle intensifies to define Harris
▼ + stars: | 2024-08-02 | by ( Yamiche Alcindor | Yamiche Alcindor Is An Nbc News Washington Correspondent. | ) www.nbcnews.com time to read: +14 min

Harris’ campaign rallies are a clear change from those held by President Joe Biden, the man she is replacing at the top of the Democratic ticket. So hear me when I say: I know Donald Trump’s type.”But the Trump campaign is rushing to define Harris differently. “She knows this is going to be a very close race,” Julie Chávez Rodríguez, Harris’ campaign manager, said in an interview. Chávez Rodríguez and Harris have been close for nearly a decade, since Chávez Rodríguez first took a job as state director for Harris’ Senate office in 2016. The Harris campaign has launched a website advertising more than five dozen jobs.

Persons: Kamala Harris, Harris ’, Joe Biden, Megan Thee, —, ”, Donald Trump, “, fraudsters, cheaters, Donald Trump’s, Trump, Harris, ” Trump, Brian Hughes, She’s, ” Julie Chávez Rodríguez, ” Chávez Rodríguez, The, Jen O’Malley Dillon, Biden, Chávez Rodríguez, Chávez, we’re, ” Ashley Etienne, ” Etienne, ” “ Joe Biden, Hughes, Biden’s, ” Harris, Trump’s, “ It’s, Howard, “ Kamala Harris, Judy Chu, Chu, ” Chu, that’s, he’d Organizations: Democratic, Democratic Party, United, Trump, Biden, The Trump, NBC, MAGA Inc, Inc, Central, Northern, Howard University, Washington , D.C, Alpha Kappa Alpha, National Association of Black Journalists, Black, Sigma Gamma Rho, Atlanta, Congressional Asian Pacific American Caucus Locations: United States, California, Wisconsin, Harris ’, North Carolina, El Salvador, Guatemala, Honduras, Mexico, Washington ,, Chicago, Houston, Monterey Park , California

☆ Bitcoin tests $70k after Trump says US will be 'crypto capital of the planet'
▼ + stars: | 2024-07-29 | by ( Kelly Cloonan | ) www.businessinsider.com time to read: +3 min

During remarks over the weekend, Donald Trump said he wants to make the US a "bitcoin superpower." Trump said he has raised $25 million in crypto donations over the last two months. AdvertisementDuring remarks a weekend bitcoin conference, presidential hopeful Donald Trump pledged to make the US the "crypto capital of the planet, and the bitcoin superpower of the world" if elected in November. Kennedy, a staunch crypto supporter, said Trump's policies while in office capped the currency's growth and reminded the audience that Trump once called Bitcoin "a scam against the dollar." AdvertisementTrump's comments follow his party's recent growing support for crypto.

Persons: Donald Trump, Bitcoin, Trump, —, Gary Gensler, Robert F, Kennedy Jr, Kennedy, Ross Ulbricht, he's, He's, Cameron, Tyler Winklevoss Organizations: Service, SEC, Twitter, Gemini, Trump, Assets, Government Surveillance Locations: Nashville

☆ Elon Musk's Favorite Dating App Is Run by the Tokyo Government
▼ + stars: | 2024-07-25 | by ( Eliza Relman | ) www.businessinsider.com time to read: +14 min

Grace, a 29-year-old publicist in New York, has regularly used a slew of dating apps for more than four years, with little luck. Among millions, a consensus is forming: Dating apps suck so bad that they might even be deliberately keeping us from finding love. In Tokyo, the city government is even releasing its own dating app, part of a campaign called Tokyo Futari Story ("futari" means couple). Bouke de Vries, an associate professor of philosophy at Ghent University in Belgium who's studied dating apps, argues that state-run dating apps are at least in theory better positioned to help people find partners without spending too much money or time in the process. Last year, Japan's most popular dating app, the Match Group-owned Pairs, began collaborating with several prefectures and cities.

Persons: Grace, She's, it's, who'd, Tinder, Damona Hoffman, Bianca Stelian, Ryan Clarkson, —, They've, Ali Jackson, Bouke de, cupid, Bouke de Vries, Belgium who's, de Vries, Omar Minami, Cheryl Drury, They're, Francesca Katayama, Junko Yamada, Yamada, Elon Musk, I'm, Justin Garcia, Garcia, what's, there's, Eric Adams, Adams, Eve Organizations: Raya, Forbes, League, Match, Children, Families Agency, Ghent University, Government, National, Insurance, Rissho University, Department of Health, Human Services, Conservatives, Trump, PAC, Indiana University, Kinsey Institute, Match Group, Republican, Kinsey, New, New York City — Locations: New York, New York City, Japan, Australia, America, Saitama, Tokyo, Bouke de Vries, Belgium, Singapore

☆ Trump says Elon Musk 'never told me' he would pledge $45 million a month to campaign
▼ + stars: | 2024-07-25 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Republican presidential nominee and former U.S. President Donald Trump speaks as he campaigns in Charlotte, North Carolina, U.S. July 24, 2024. Donald Trump on Thursday said Elon Musk "never told me" he would pledge $45 million a month to support Trump's presidential bid, days after the Tesla and SpaceX CEO denied a report that he would do so. "Somebody told me he was going to give me 45 million [dollars] a month. I said, 'That sounds like a lot, even for Elon, that's a lot,'" the Republican presidential nominee said. But Musk "never told me he was giving [$45 million]," he said.

Persons: Donald Trump, Elon Musk, Trump, Biden, Joe Biden, Kamala Harris, Musk, Joe Lonsdale, Jordan Peterson Organizations: SpaceX, Musk, Fox News, Elon, Republican, Democratic, Trump, Street Locations: Charlotte , North Carolina, U.S

☆ Trump reemerges in Charlotte to a new opponent and a political landscape reshaped once again by the extraordinary
▼ + stars: | 2024-07-24 | by ( Steve Contorno | Kristen Holmes | ) edition.cnn.com time to read: +6 min

Charlotte, North Carolina CNN —Donald Trump will step out onto the campaign trail Wednesday to an entirely new race and a political landscape once again irrevocably altered by an unprecedented election year. Meanwhile, Trump and his campaign are working to reimagine a playbook and operation launched to take on an unpopular 81-year-old incumbent. He predicted that Harris would start “gaining on or even leading President Trump” in the polls, though he also insisted that the “honeymoon” period would end. Trump’s appearance in Charlotte will provide his first opportunity to contrast himself with Harris before voters in a battleground state. But it was left off the list of states that the Biden campaign viewed as most winnable in a sobering post-debate assessment of the race.

Persons: North Carolina CNN — Donald Trump, Joe Biden, Kamala Harris, Harris, Trump, –, “ Biden, ”, Biden, ” Trump, Trump’s, Harris ’, Tony Fabrizio, Trump ”, Fabrizio, ” Fabrizio, Harris “, Joe Biden’s, “, ” Harris, CNN’s Kate Sullivan Organizations: North Carolina CNN, Trump, Democratic Party, Democratic, Fox, The Democratic National Committee, Biden, San, Democrat, MAGA Inc Locations: Charlotte, North Carolina, Georgia, Minnesota, California, San Francisco, Arizona , Georgia, Nevada, Pennsylvania

Donald Trump walks off stage after speaking at a campaign rally on July 20, in Grand Rapids, Michigan. Vance defended his loyalty to the US, after Vice President Kamala Harris said he “will be loyal only to Trump, not to our country.”“There’s some bad news actually, Vice President Kamala Harris, she doesn’t like me,” Vance said in remarks about two hours before Trump took the stage. “Kamala Harris said something to the effect that … I have no loyalty to this country,” he continued. “Well, I don’t know, Kamala, I did serve in the United States Marine Corps and build a business. The only unity we saw today was between Donald Trump, JD Vance, and their Project 2025 agenda,” Biden campaign spokesperson Ammar Moussa said in a statement.

Persons: Donald Trump, Anna Moneymaker, Sen, JD Vance, Vance, Trump’s, “, it’s, Kamala Harris, ” Vance, Trump, “ Kamala Harris, ”, Kamala, Harris, Ronny Jackson, Elon Musk, Musk, “ Elon, ” Trump, Xi Jinping, Xi, who’s, Biden, Joe Biden’s, ” Biden, Ammar Moussa Organizations: Trump, United States Marine Corps, Butler Memorial Hospital, White House, Grand, Wall Street Journal, Democrats Locations: Grand Rapids , Michigan, Ohio, San Francisco, Butler , Pennsylvania

☆ Trump says he loves Elon Musk even though he never heard of the $45 million-a-month donation plan from the billionaire
▼ + stars: | 2024-07-21 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewDuring a rally in Michigan on Saturday, Donald Trump had high praise for Elon Musk, calling the Tesla CEO a "great" and "brilliant guy." Musk came out with an endorsement of Trump on July 13, the day of the assassination attempt. "I read — I didn't even know this, he didn't even tell me about it, but he gives me $45 million a month," Trump said. Related storiesDuring the Saturday rally, Trump said he thinks electric cars are "incredible, but they're not for everybody." It will only help Tesla," Musk said on X on July 16.

Persons: —, Donald Trump, Elon Musk, Musk, Trump, Elon, DJT, they're, Biden, Tesla Organizations: Service, Trump, Street, Business, Environmental Protection Agency, Twitter Locations: Michigan

Within hours of Biden dropping out of the race and endorsing his vice president on Sunday, Trump’s campaign managers had released a blistering statement tying Harris to the administration’s policies. Instead, Trump’s team had orchestrated an exacting campaign around defeating Biden. But it was soon widely acknowledged within Trump’s camp that Biden bowing out would also throw their own campaign into uncertainty. Trump’s campaign also began privately ramping up and testing new lines of attack on Harris — someone they had largely ignored since she was sworn in as vice president. While polling has shown Harris is the best known among possible Democratic candidates to replace Biden, Trump’s advisers and allies maintain that most Americans don’t know much about her, creating an opening to define her to the public.

Persons: Donald Trump, Joe Biden’s, Biden, Kamala Harris, Harris, Trump, “, It’s, anoint Harris, won’t, ”, surrogates, Harris ’, Harris “, Chris LaCivita, LaCivita, can’t, –, Biden deputized, Ohio Sen, JD Vance, pollsters, Biden –, Biden’s, “ Biden, Kamala, ” Brian Bartlett, Mitt Romney’s, ” Bartlett, Arizona Sen, Mark Kelly, Josh Shapiro, Roy Cooper, they’ve, Gretchen Whitmer, Gavin Newsom, Hillary Clinton, Andy Beshear, CNN’s David Wright Organizations: CNN, Democratic, Trump, ABC, Fox News, Biden, Committee, California Democrat, Republican, Convention, MAGA Inc, Republican National Convention, Georgia, Democrats, Black, North Carolina Gov, Michigan, Kentucky Gov Locations: California, Arizona , Georgia, Nevada, Pennsylvania, Milwaukee, Central America, Arizona, Kentucky

☆ Trump wastes no time ripping into Kamala Harris
▼ + stars: | 2024-07-21 | by ( Katie Balevic | ) www.businessinsider.com time to read: +1 min

Trump's allies appear to have had attacks on Vice President Kamala Harris locked and loaded. A pro-Trump super PAC released anti-Harris ads within an hour of Biden's withdrawal from the race. AdvertisementPresident Joe Biden's decision to drop out of the presidential race and endorse Vice President Kamala Harris might have been a shock to some, but Team Trump seems to have been ready for it. Allies of former President Donald Trump's election bid had a Harris attack at the ready, and they didn't hesitate to use it. Just an hour after Biden's announcement, an X account run by the pro-Trump super PAC Make American Great Again Inc. shared an ad slamming Harris, who announced she would vie for the Democratic nomination.

Persons: Kamala Harris, Harris, —, Joe Biden's, Team Trump, Donald Trump's Organizations: Trump, PAC, Service, Team, Inc, Democratic, Business

☆ Here's what a Trump victory could mean for the entire EV industry
▼ + stars: | 2024-07-20 | by ( Tom Carter | ) www.businessinsider.com time to read: +6 min

Read previewDonald Trump has been an outspoken critic of EVs — and that could spell trouble for America's electric vehicle industry. AdvertisementMusk also reportedly played a part in Trump choosing Ohio senator JD Vance, an even fiercer critic of electric vehicles, as his vice president. Subsidy fearsThe potential loss of the $7,500 tax credit has already sparked concern in the EV industry. "If we see that tax credit cut, then EVs start looking insurmountably expensive for most consumers," he said. "They're already making money building electric vehicles, and the incentive just helps boost volume rather than boosting profits," he added.

Persons: —, Donald Trump, EVs, Elon, Trump, Trump's, Musk, JD Vance, Vance, Biden, Tesla, Jon McNeill, Dylan Khoo, Sam Fiorani, Khoo, Elon Musk's, Dan Ives, Ives, Tesla's Organizations: Service, Business, Trump, PAC, Ohio, US, Motors, CNBC, ABI Research, Global, AutoForecast Solutions, Bloomberg Businessweek, Wedbush Securities, EV Locations: Trump, Communist China, China

How Musk could influence Trump’s policiesElon Musk has given Donald Trump his endorsement, and perhaps soon, millions of dollars to help his re-election campaign. A big question now is what Musk would most likely push for if the former president prevails in November. DealBook spoke with Musk watchers to figure out how the Tesla and SpaceX chief could influence a potential second Trump administration. The short of it: Much of the policies he wants would benefit his companies, but some would just line up with his ideology. The Wall Street Journal reported in May that Trumpdiscussed offering Musk an advisory role if he is re-elected.

Persons: Elon Musk, Donald Trump, DealBook, Trump Organizations: SpaceX, Trump, PAC, Street

☆ Live Election Updates: Harsh Rhetoric on Biden and the Border Dominates R.N.C.
▼ + stars: | 2024-07-17 | by ( Michael C. Bender | Maggie Astor | ) www.nytimes.com time to read: +8 min

“I just want to make sure those snakes and the liars don’t get those positions of power,” the younger Mr. Trump said. “My biggest role is just making sure that we have an America First, a MAGA bench for the future,” the younger Mr. Trump said. Image Donald Trump Jr. at the R.N.C. Mr. Kirk credits the size of his multimillion-dollar conservative advocacy group in part to the younger Mr. Trump’s support. “I expect nothing less from you clowns,” Donald Trump Jr. told the reporter.

Persons: J.D, Vance, Donald Trump Jr, Donald J, Trump, Don, ”, Charlie Kirk, MAGA, don’t, “, Ivanka Trump, Jared Kushner, Maddie McGarvey, ” Mr, Steve Daines, Daines, Mr, Damon Winter, Don Jr, Kirk, “ Don Jr, —, ’, Evander Holyfield, applauds, Kenny Holston, Eric, ” Donald Trump Jr, Sean Hannity, Hannity, ” Don Jr, Maggie Haberman Organizations: Republican, Convention, Republican National Convention, Trump White House, White, The New York Times, Republican Party, Trump, Republicans, National Republican Senatorial Committee, New York Times, PAC, Red Bulls, ., Fox News Locations: Ohio, Montana, Milwaukee

☆ Elon Musk says he'll pledge $45 million a month to pro-Trump super PAC: report
▼ + stars: | 2024-07-16 | by ( Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +1 min

Elon Musk endorsed Donald Trump after Saturday's assassination attempt. The Wall Street Journal reported that Musk plans to donate $45 million monthly to a pro-Trump PAC. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The Journal, citing people familiar with the matter, reported that Musk plans to pledge $45 million each month to America PAC, a pro-Trump super PAC, in the run-up to the election.

Persons: Elon Musk, Donald Trump, — Organizations: Street Journal, Trump PAC, Service, Wall Street, America PAC, Trump, PAC, Business

☆ Elon Musk Allies Help Start Pro-Trump Super PAC
▼ + stars: | 2024-07-15 | by ( Theodore Schleifer | ) www.nytimes.com time to read: +1 min

Some of Elon Musk’s closest friends have helped start a new super PAC meant to help former President Donald J. Trump, creating an avenue for Mr. Musk and his $250 billion fortune to potentially play a significant role in the 2024 presidential race. Mr. Musk had not donated to the super PAC as of June 30, the end of the most recent disclosure period, according to a Monday filing with the Federal Election Commission. On Saturday, soon after Mr. Trump survived an assassination attempt, Mr. Musk went on X to issue a full-throated endorsement of the former president. The super PAC, according to three people close to the organization, is led in part by Joe Lonsdale, a co-founder of the software company Palantir and a politically ambitious venture capitalist in Austin who serves as a political confidant to Mr. Musk. Mr. Lonsdale, the people say, has played a key role in fund-raising for the group in its opening weeks, encouraging his network of influential entrepreneurs to support the super PAC.

Persons: Elon Musk’s, Donald J, Musk, Trump, Joe Lonsdale, Lonsdale Organizations: Trump, America PAC, Federal, Commission, Republicans Locations: Austin

☆ Elon Musk plans to give $45 million a month to pro-Trump super PAC, WSJ reports
▼ + stars: | 2024-07-15 | by ( Kevin Breuninger | ) www.cnbc.com time to read: +1 min

Elon Musk attends 'Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk' session during the Cannes Lions International Festival Of Creativity 2024 - Day Three on June 19, 2024 in Cannes, France. Elon Musk has said he is planning to pledge about $45 million a month to a newly formed super PAC backing former President Donald Trump's White House bid, the Wall Street Journal reported Monday, citing people familiar with the matter. Musk had not given any money to that group, called America PAC, as of the end of June, according to a quarterly financial filing submitted to the Federal Election Commission on Monday evening. Emails to Musk's associates were not immediately returned late Monday. But the super PAC, which was formed in late May, has received contributions from other high-profile entrepreneurs, including Palantir co-founder Joe Lonsdale and crypto billionaires Cameron and Tyler Winklevoss, the filing showed.

Persons: Elon Musk, Mark Read, Donald Trump's, Musk, Palantir, Joe Lonsdale, Cameron, Tyler Winklevoss Organizations: Cannes Lions, PAC, Wall Street, America PAC, Federal Locations: Cannes, France

☆ Big Tech CEOs, billionaires, and business leaders react to Trump rally shooting
▼ + stars: | 2024-07-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +4 min

Read previewProminent tech CEOs and billionaires condemned the shooting at a Trump rally on Saturday, with some voicing their support for former President Donald Trump. "I fully endorse President Trump and hope for his rapid recovery," Musk wrote on X. Airbnb CEO Brian Chesky said in a statement posted on X that he was "thankful President Trump wasn't seriously injured." "A full and speedy recovery to President Trump. There is no room in our country for political violence," he wrote.

Persons: —, Donald Trump, Biden, Mark Cuban, Joe Biden, Tesla, Elon Musk, Trump, Musk, David Sacks, Shaun Maguire, Sacks, Marc Andreessen, Andreessen Horowitz, Tim Cook, Trump's, Mark Zuckerberg, Jeff Bezos, Bezos, Satya Nadella, Brian Chesky, Trump wasn't, Marc Benioff, hasn't Organizations: Service, Trump, Business, Secret Service, Bloomberg, PAC, Biden Administration, Big Tech, Apple, Amazon, Microsoft Locations: Butler , Pennsylvania, Cuban, America

☆ Trump rally shooting draws flood of condemnation, support, and wild conspiracy theories
▼ + stars: | 2024-07-14 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Read previewA shooting at a Trump rally in Pennsylvania on Saturday is drawing a flood of condemnation against the incident, supporting words for the former president, and, in less than an hour, unsubstantiated claims of a conspiracy. "God protected President Trump," Sen. Marco Rubio posted on X. Advertisement"I wish Donald Trump, and anyone else who may have been hurt, a speedy recovery," Sanders said in a statement on X. Some Trump supporters, however, were quick to find a scapegoat for the incident, blaming mainstream media and even spreading baseless claims that the shooting was a coordinated attack. And at least one prominent GOP lawmaker is suggesting conspiracy theories about the shooting.

Persons: —, what's, Joe Biden, Jill, Trump, Sen, Marco Rubio, Bernie Sanders, Donald Trump, Sanders, Elon Musk, David Sacks, Sacks, Mike Collins, Collins Organizations: Service, Trump, Republican, Democratic, Business, Biden, AP, Bloomberg, Venture, GOP Locations: Pennsylvania, America, San Francisco, Georgia

☆ Biden campaign blasts 'arrogant billionaires only out for themselves' after report Elon Musk donated to pro-Trump super PAC
▼ + stars: | 2024-07-13 | by ( Kenneth Niemeyer | ) www.businessinsider.com time to read: +3 min

Read previewPresident Joe Biden's campaign blasted Elon Musk after reports that Musk donated to a pro-Trump super PAC this week. Musk donated an undisclosed amount of money to America PAC — a super PAC working to elect Donald Trump in 2024 — Bloomberg first reported on Friday. This story is available exclusively to Business Insider subscribers. "Arrogant billionaires only out for themselves are not what America wants or what America needs," James Singer, a spokesman for the Biden campaign, told Bloomberg in a statement. AdvertisementRepresentatives for the Biden campaign did not immediately return a request for comment from Business Insider on Saturday.

Persons: —, Joe Biden's, Elon Musk, Musk, Donald Trump, James Singer, Biden, Elon, Trump, Joe Biden, Kamala Harris Organizations: Service, Trump, America PAC —, — Bloomberg, Business, America, Bloomberg, White House, Ford, Tesla, Wall Street Journal, Democrats, GOP Locations: America

☆ Elon Musk donated to a pro-Trump super PAC, Bloomberg reported
▼ + stars: | 2024-07-13 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +1 min

Elon Musk donated an undisclosed amount of money to America PAC, sources told Bloomberg. The billionaire previously said on X that he is not donating money to any candidates. But Musk has been critical of President Joe Biden and has supported right-wing causes. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementElon Musk has donated an undisclosed amount of money to America PAC, a super political action committee working to elect Donald Trump in 2024, sources familiar with the donation told Bloomberg.

Persons: Elon Musk, Joe Biden, —, Donald Trump, Trump, Musk Organizations: Elon, America PAC, Bloomberg, Service, Business

☆ Elon Musk endorses Donald Trump shortly after ex-president injured by shots fired at rally
▼ + stars: | 2024-07-13 | by ( Lora Kolodny | In Lorakolodny | ) www.cnbc.com time to read: +2 min

Elon Musk, chief executive officer of SpaceX and Tesla and owner of X, speaks at the Milken Conference 2024 in Beverly Hills, California, May 6, 2024. Elon Musk posted on X that he "fully" endorses Donald Trump moments after the former president and presumptive Republican nominee was rushed off stage by secret service members following gunshots at a rally in Pennsylvania on Saturday. "I fully endorse President Trump and hope for his rapid recovery," Musk wrote on X, which he owns. Musk also compared Trump to Theodore Roosevelt, who survived an assassination attempt while campaigning for president in 1912. Musk also said at that event that Trump "does call me out of the blue for no reason."

Persons: Elon Musk, Donald Trump, Trump, Musk, Theodore Roosevelt, Joe Biden's Organizations: SpaceX, Tesla, Republican, Trump, NBC, Bloomberg, PAC, America PAC, Forbes Locations: Beverly Hills , California, Pennsylvania, Butler County, Lago, Palm Beach

☆ Burgum set to decide on massive pipeline project that’s pitting his rural constituents against GOP megadonors
▼ + stars: | 2024-07-03 | by ( Allison Gordon | Casey Tolan | ) edition.cnn.com time to read: +17 min

Hamm also donated $50 million toward Burgum’s effort to build a presidential library honoring Theodore Roosevelt in North Dakota. CNBC first reported on Burgum’s financial ties with Continental, and the Associated Press previously reported on the politics of the Summit pipeline debate. Gaylen Dewing and Marvin Abraham put up a sign opposing the Summit pipeline east of Bismarck, N.D. in August 2023. Supporters say it will be an economic driver for North Dakota and help reduce emissions across the Midwest. North Dakota landowner Kurt Swenson attends a court hearing related to the pipeline project.

Persons: Donald Trump, Doug Burgum, GOP megadonors, –, That’s, ” Troy Coons, “ It’s, Al Drago, Burgum, ingratiated, Biden, Trump, “, ”, Joe Biden’s, Bruce Rastetter, Harold Hamm, Evan Vucci, Hamm, Theodore Roosevelt, ” Burgum, Rob Lockwood, Gary Tharaldson, Tharaldson, Justin Lane, who’s, Scott Skokos, ” Lockwood, ” Virginia Canter, ” Canter, “ Burgum, Drew Wrigley, Doug Goehring, don’t, Forbes, Sen, Jeff Magrum, Gaylen Dewing, Marvin Abraham, Jack Dura, Derrick Braaten, “ You’ll, Kurt Swenson's, Joe Swenson, Mike Bauman, Bauman, ” Bauman, Terry Wanzek, Mike Haupt, ” Haupt, Kurt Swenson, Kurt Swenson Kurt Swenson, ” Swenson, “ You’re, Swenson, CNN’s Alayna Treene Organizations: CNN, North Dakota Gov, GOP, Bloomberg, Getty, North, of Environmental, Trump, Republican, Associated Press, AP . Pipeline, Carbon Solutions, Midwest Carbon Express, Summit Agricultural, Iowa GOP, Continental Resources, Securities, Exchange, Continental, AP Continental, Burgum, CNBC, Forbes, Washington Post, Dakota Resource Council, North Dakota Industrial Commission, Summit, Rastetter, AP, Conservatives, Sierra Club, Farm, North Dakota Monitor Locations: North Dakota, Laconia , New Hampshire, Lago, North Dakota’s, Burgum, Pittsburgh, Hamm, Roosevelt, spokespeople, Trump's New York City, Washington, Iowa, Tharaldson, Bismarck, Kurt Swenson's North Dakota, Mercer County

☆ The reclusive billionaire who's spent $75 million on Trump and $25 million on RFK Jr.
▼ + stars: | 2024-06-22 | by ( Bryan Metzger | ) www.businessinsider.com time to read: +4 min

He has since given $25 million to the super PAC, including $10 million in April. At the same time, Mellon has contributed handsomely to the pro-Trump super PAC "Make America Great Again Inc.," pouring $25 million into the PAC from July 2023 to April 2024. But he's given millions of dollars to GOP causes and campaigns in recent years, including $20 million to a pro-Trump super PAC in 2020, $45 million to a super PAC tied to GOP House leadership, and $30 million to a super PAC associated with Senate Minority Leader Mitch McConnell. "MAGA Republicans are hellbent on propping up RFK Jr. to be a spoiler for Trump in this race," Corridoni said in a statementat the time. "This is even more proof that a vote for RFK Jr. is a vote for Trump."

Persons: —, Timothy Mellon, Donald Trump, Robert F, Kennedy Jr, Kennedy, — Mellon, Mellon, Trump, Andrew Mellon, he's, Greg Abbott, Mitch McConnell, Joe Biden's, Matt Corridoni, MAGA, Corridoni Organizations: Service, GOP, Business, Democratic, Trump, Inc, PAC, MAGA Inc, Federal, Forbes, Pan Am Systems, Bloomberg, Republican Gov, GOP House, Democratic National, MAGA Republicans, RFK Jr Locations: Kennedy's, Manhattan, Texas, Mexico, propping

☆ Election Updates: Trump has rapidly eroded Biden’s edge in the 2024 cash battle.
▼ + stars: | 2024-06-21 | by ( Shane Goldmacher | Theodore Schleifer | ) www.nytimes.com time to read: +10 min

Overall, Mr. Trump was a daunting $100 million behind Mr. Biden at the start of April. And for the first time, Mr. Trump’s principal campaign committee had more cash than Mr. Biden’s: $116.5 million to $91.6 million. report does not translate to boots on the ground tomorrow,” Dan Kanninen, Mr. Biden’s battleground states director, said in an interview. So far, Mr. Biden has enjoyed a tremendous advertising advantage over Mr. Trump. Hopefully that changes as we get even closer.”For now, Mr. Biden is racing to replenish his coffers in June.

Persons: Donald J, Trump, Biden, outpacing, Trump’s, ”, Brian Derrick, ” Mr, Timothy Mellon, “ What’s, Dan Kanninen, Donald Trump, ” Steven Cheung, Mr, Joe, President Trump, Cheung, Jimmy Kimmel, Barack Obama, Erin Schaff, Nikki Haley, Haley’s, John Paulson, Stephen A, MAGA, Rufus Gifford, Mitt Romney, Barack Obama’s, Jon Reinish, He’s, Obama, Terry McAuliffe, Bill Clinton, — Andy Beshear, JB Pritzker, Gretchen Whitmer Organizations: Mr, Democratic National Committee, Republican National Committee, Trump, Biden, Democratic, Republican, The New York Times, Blackstone, Make, Inc, MAGA Inc, Hollywood, Illinois Locations: New York, Los Angeles, Trump’s Florida, Mar, AdImpact, Pennsylvania, Georgia, Virginia, Kentucky, Michigan, Atlanta

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