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Elon Musk Rejects WSJ Report, Denies Pledging $45 Million a Month to Pro-Trump Support Group

author The Wire Staff
Jul 17, 2024
The Wall Street Journal report came days after the billionarie openly endorsed Trump in his presidential bid, following the assassination attempt at the former president.

New Delhi: Billionarie Elon Musk has rejected a Wall Street Journal‘s report which claimed that he had pledged $45 million a month to a pro-Trump support group to help boost Donald Trump’s chances in his presidential bid.

Taking to X (formerly Twitter), Musk, in a sarcastic post, put out a picture of two gnus (wildebeest) having human limbs and captioned it “Fake GNUS” and shared WSJ’s report with the post. It was Musk’s way of denouncing the report as ‘fake news’.

The WSJ report came days after the billionarie openly endorsed Trump in his presidential bid, following the assassination attempt at the former president. Citing people familiar with the matter, the WSJ report said Musk pledged his monetary support to the America Political Action Committee, as is the pro-Trump support group is called.

However, a Reuters report said that Musk was not listed on a Monday filing by the group, which showed that it had raised more than $8 million.

In other news, the billionarie announced the relocation of his two businesses, SpaceX and X.

While SpaceX will move its headquarters from Hawthorne, California, to its Starbase facility in Boca Chica, Texas, the headoffice of X will be relocated from San Francisco to Austin, Texas.

The decision of Musk is in protest against a new California law designed to protect transgender children. The New York Times reports that the law, signed by Governor Gavin Newsom, bans school districts from requiring teachers to notify parents if their children change their gender identification.

Musk criticised the law as “attacking both families and companies,” calling it the “final straw” and noting that he had previously warned the California governor of such consequences.

Musk’s recent business relocations and political endorsement are being perceived as his shift towards right-wing politics. Shortly after Trump was shot in the ear during a rally, Musk publicly endorsed him, providing a significant boost just as Trump was officially nominated by the Republican Party, with Ohio Senator J.D. Vance as his running mate.

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