WASHINGTON: Billionaire Elon Musk, who has been ramping up criticism of US President Joe Biden, has donated to a political group working to elect rival presidential candidate Donald Trump, Bloomberg reported on Friday (Jul 12), citing sources.

The report didn’t point out how a lot Musk donated however added it was “a sizeable quantity” given to a bunch referred to as America PAC.

Bloomberg reported that the PAC – a bunch that may obtain limitless contributions for political exercise – is subsequent required to reveal its record of donors on Jul 15.

In March, former US president Trump, who is predicted to be formally nominated subsequent week because the Republican Celebration’s candidate for the Nov 5 election, met with Musk and different rich donors.

In response to stories of the assembly, Tesla CEO Musk posted on X: “Simply to be tremendous clear, I’m not donating cash to both candidate for US President.”

In Could, he additionally denied media stories that there had been talks over a possible advisory position for him in any Trump presidency.

Musk, the world’s richest one who runs electrical automotive maker Tesla, rocket maker SpaceX, social media firm X and different corporations, didn’t reply to Reuters’ request for feedback.

Biden marketing campaign spokesman James Singer stated that Musk is aware of Trump is “a sucker who will promote America out, chopping his taxes whereas elevating taxes on the center class by US$2,500”.

“Joe Biden has been standing as much as folks like Elon and preventing for the center class his complete profession — and it’s why he’ll win in November,” Singer stated in an announcement.

Musk lately has extra absolutely embraced the Republican Celebration, which has weighed on the repute and gross sales of Tesla, the largest supply of his wealth.

Trump final month reiterated his pledge to right away abandon the Biden administration’s “mandate” to assist the electrical car trade.

However he added: “I am a giant fan of electrical vehicles. I am a fan of Elon. He does an unimaginable job with Tesla.”

Musk stated that they had “some conversations” and Trump is a “large fan of the Cybertrucks,” referring to Tesla’s electrical pickup vehicles.

Whereas he has publicly criticised Biden’s insurance policies on immigration and electrical autos and even his age, Musk has not made any formal endorsement in November’s contest and Trump has stated he didn’t know if he has Musk’s assist.

He has additionally endorsed anti-semitic feedback on X, although Musk has denied being anti-semitic.

Musk’s views have damage his standing amongst some shoppers, based on a CivicScience survey proven completely to Reuters.

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