Elon Musk and Silicon Valley Turn Towards Trump

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The Wall Street Journal

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🗓️ 18 July 2024

⏱️ 18 minutes

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Summary

Elon Musk has said he is committing around $45 million a month to a pro-Trump super PAC, according to people familiar with the matter. He is the biggest name in tech now turning Donald Trump’s way. WSJ’s Emily Glazer reports on how Musk and others in Silicon Valley are throwing their support and money behind Trump’s campaign for president. Further Listening: - Tesla’s Multibillion-Dollar Pay Package for Elon Musk - Money, Drugs, Elon Musk and Tesla’s Board - Trump Courts the Union Vote Further Reading: - Musk Turbocharges Silicon Valley Support for Trump - Elon Musk Has Said He Is Committing Around $45 Million a Month to a New - Pro-Trump Super PAC Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	On Saturday, the richest man in the world officially picked a side in the U.S. presidential
0:11.2	race.
0:12.2	Elon Musk endorsed Donald Trump. in the US presidential race.
0:12.8	Elon Musk endorsed Donald Trump.
0:16.5	And according to Wall Street Journal reporting,
0:18.8	he's told people that he will donate
0:21.0	a lot of money to Trump's cause, like 45 million dollars a month.
0:28.0	This is an extraordinary amount of money.
0:32.1	That's our colleague Emily Glazer. Before we reported on
0:36.0	Elon Musk and his support for Donald Trump, the largest known donation of the
0:41.0	2024 election is 50 million. We're talking about roughly
0:45.7	that much a month from Elon.
0:50.7	Musk's public embrace of Trump is new.
0:54.0	Ten years ago, Musk described himself as socially liberal and fiscally conservative,
1:00.0	half Democrat, half Republican.
1:03.2	Historically, he's supported Democratic presidential candidates,
1:07.3	and he's also been critical of Trump.
1:11.0	I want to take us back to 2022.
1:14.0	Musk tweeted, I don't hate the man, but it's time for Trump to hang up his hat and sail into the sunset.
1:20.0	Musk also said of Trump, too much drama, do we really want a bull in a China shop situation every single day?
1:28.0	So that's just a flavor of some of the commentary.
1:32.0	So it's incredible how much things can change.
	...

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