Donald Trump Boasts Of $45M Monthly From Elon Musk's Endorsement, Calls Him 'Brilliant Guy'

Donald Trump speaking at a campaign event in Grand Rapids, 2024. (Kaytie Boomer/Saginaw News via AP)

Former President Donald Trump announced an endorsement from one of the most influential figures in the tech industry, Elon Musk, during a campaign event in Grand Rapids, Michigan, on Saturday, July 20, 2024. The Tesla and SpaceX CEO's backing has added a new dimension to Trump's re-election campaign, stirring discussions across various spheres, from politics to technology.

The rally in Grand Rapids was a pivotal moment for Trump's campaign, drawing thousands of supporters. In his speech, Trump lauded Musk as a "great" and "brilliant guy," highlighting the tech mogul's innovative contributions to the automotive and space industries. This endorsement is expected to bolster Trump's appeal among younger voters and the tech-savvy demographic, potentially shifting the dynamics of the upcoming election.

Musk's endorsement is symbolic and carries substantial weight due to his influence and substantial following. As the CEO of Tesla, Musk has revolutionized the electric vehicle market, and through SpaceX, he has significantly advanced space exploration. His support signals a convergence of high-tech innovation and traditional political campaigns, bridging a gap that has often seemed insurmountable.

Amid the praise, Trump addressed the speculation about Elon Musk's financial involvement in his campaign. Although reports suggest that Musk plans to donate $45 million a month to a pro-Trump super PAC, Trump stated that he was unaware of any such plans and emphasized that Musk had not informed him about this. However, Trump mentioned that Musk is giving him $45 million a month.

Elon Musk's entry into the political arena is not entirely unexpected. Known for his outspoken views on various issues, Musk has previously engaged in public discourse on topics ranging from renewable energy to space policy. His endorsement of Trump may reflect shared interests in certain policy areas, such as deregulation and economic growth.