US election: How much Musk spent on Trump's victory

Tengrinews.kz - Billionaire and owner of platform X, Elon Musk, who openly supported Republican presidential candidate Donald Trump, invested significant funds in his election victory, according to NBC News.

The publication notes that Musk spent not only on Trump's election but also on funding RBG PAC, which defended Trump on abortion issues.

"Billionaire Elon Musk poured more than $20 million into a mysterious super PAC at the end of the 2024 campaign, part of more than $250 million he spent overall to boost President-elect Donald Trump, new campaign finance reports show," the publication states.

RBG PAC, which did not disclose its donors before the election, launched ads claiming that Trump does not support a federal abortion ban. The money came from a single donation from the Elon Musk Revocable Trust in Austin, Texas.