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Tesla CEO Elon Musk has declared plans to support the America PAC, a political action committee supporting Donald Trump, the Republican presidential candidate for the upcoming United States election.a “sizeable” but undisclosed amount to the group backing Trump’s campaign. The latest news is a step towards increasing his initial investment to support Trump. Recall that tech billionaire hadafter a shooting in Pennsylvania during a campaign rally.
Since the shooting incident occurred after Musk’s initial investment in Trump’s campaign, several individuals have urged the tech billionaire to be on the lookout as opposing entities may come after him, too. In response, heSince the commencement of the presidential campaign between Joe Biden and Donald Trump, the latter has supported the crypto industry.
Trump’s embrace of the crypto industry has earned him the support of prominent figures within the space. For example, Kraken co-founder Jesse Powell$1 million in ETH to Trump’s campaign group late last month. An earlier report revealed that the Winklevoss twins, co-founders of Gemini,One Weekly Email Can Change Your Crypto Life.Disclaimer: Information found on CryptoPotato is those of writers quoted.
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