Musk sends more money to back Trump

Reuters

Elon Musk gave about $44 million to his pro-Donald Trump spending group during the first half of October, federal disclosures showed on Thursday, as the billionaire stepped up his efforts for the Republican candidate in the November 5 election.

The contributions, disclosed in a filing to the Federal Election Commission by Musk's America PAC group, come after a prior report showed he gave the group around $75 million over three months between July and September.

America PAC, which is focused on turning out voters in closely contested states that could decide the election, also disclosed spending more than $47 million in the first half of October.

The Trump campaign is broadly reliant on outside groups for canvassing voters, meaning the super PAC founded by Musk - the world's richest man - plays an outsized role in what is expected to be a razor-thin election between Trump and Vice President Kamala Harris.

Separately, Trump's campaign reported spending more than $88 million on ads in the first half of the month, leaving him with $36 million in the bank for the final stretch of campaigning, according to a separate filing to the Federal Election Commission. Trump's campaign raised $16 million during the period.

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