Tag

Super Pac

All articles tagged with #super pac

politics24 days ago

Meta bets big on California politics with $65M for two pro-tech super PACs

Meta has poured $65 million into two California-focused super PACs—the American Technology Excellence Project and Mobilizing Economic Transformation Across California—to back state candidates it views as friendly to AI and tech interests, signaling a shift toward state-level influence as federal AI regulation stalls. The contributions include $45 million to ATEP and $20 million to the California PAC, with potential further funding as the year progresses.

california-politics28 days ago

Silicon Valley backs pragmatic California Legislature PAC with $10M

A new California-focused super PAC, California Leads, launched with about $10 million from Google and Meta to back pragmatic candidates for the California Legislature; it will use research, polling and candidate interviews to target races, led by Nathan Click with Scott Kozar, Dave Metz and Austin Heyworth. Google and Meta each seeded roughly $5 million, and donors say they won’t dictate which races are pursued.

Trump's Super PAC Accumulates Nearly $200 Million Ahead of Midterms
politics6 months ago

Trump's Super PAC Accumulates Nearly $200 Million Ahead of Midterms

Former President Trump’s super PAC, MAGA Inc., has amassed approximately $200 million, making it a significant force in upcoming Republican primaries and the 2026 midterm elections, largely funded by high-profile donors including Elon Musk and Silicon Valley executives. This unprecedented fundraising effort raises concerns among some Republicans about its influence and potential to sway party dynamics, with the money primarily aimed at supporting Trump-endorsed candidates and attacking rivals.

politics7 months ago

Bill Cassidy secures significant funds and endorsements for reelection

Louisiana Senator Bill Cassidy receives a $2.5 million support boost from the Louisiana Freedom Fund super PAC amid a challenging primary, as he maintains a significant cash advantage over opponents despite a GOP revolt over his impeachment vote. Meanwhile, Senate Republicans oppose Democratic funding cuts, House Republicans navigate cryptocurrency legislation, and investigations into former President Trump and other political figures continue. The political landscape remains highly dynamic with ongoing debates over campaign funding, legislative priorities, and investigations.

Elon Musk's Ambitious Third Party Venture and Its Political Implications
politics7 months ago

Elon Musk's Ambitious Third Party Venture and Its Political Implications

Elon Musk announced plans to create the 'America Party' to represent centrist voters, but face significant hurdles such as ballot access laws, federal regulations, and the challenge of building a viable political brand. He could pursue options like forming a super PAC or collaborating with existing third parties to influence elections without the need for official party certification.

politics1 year ago

Elon Musk Funded Pro-Trump RBG PAC Campaign

Elon Musk funded a last-minute $20 million campaign by the RBG PAC to support Donald Trump in the 2024 election, falsely claiming Trump shared the same abortion stance as the late Justice Ruth Bader Ginsburg. The campaign strategically avoided disclosing its donors until after the election, revealing Musk's involvement. The ads misleadingly suggested Trump opposed a federal abortion ban, despite his history of appointing justices who overturned Roe v. Wade.

Trump's Cabinet Picks Stir GOP Tensions Amid Recess Appointment Talks
politics1 year ago

Trump's Cabinet Picks Stir GOP Tensions Amid Recess Appointment Talks

Donald Trump's team is reportedly planning to launch its own super PAC to compete in the 2026 Senate races, amid concerns that the Senate GOP's campaign arm and its allied super PAC are hiring individuals perceived as 'Never Trumpers.' This move could disrupt traditional GOP fundraising and campaign strategies, potentially leading to a split among Republican donors. The tension arises as South Carolina Sen. Tim Scott takes over as chair of the National Republican Senatorial Committee, with Trump's allies pushing for leadership that aligns with Trump's vision.

Elon Musk Faces Lawsuit Over $1 Million Election Giveaway
politics1 year ago

Elon Musk Faces Lawsuit Over $1 Million Election Giveaway

Elon Musk and his pro-Trump super PAC are facing lawsuits from two swing state voters who accuse them of fraud related to a $1 million daily election giveaway. The lawsuits claim the contest was not random and favored Republican supporters, while also alleging it was used to drive traffic to Musk's social media platform and collect personal data. Despite concerns from the Justice Department and a lawsuit from Philadelphia's District Attorney, a judge allowed the giveaway to proceed.

Elon Musk Pledges $45M Monthly to Pro-Trump Super PAC
politics1 year ago

Elon Musk Pledges $45M Monthly to Pro-Trump Super PAC

Elon Musk and several tech elites, including Joe Lonsdale, Doug Leone, and David Sacks, are backing a pro-Trump super PAC, America PAC, with significant financial contributions. Despite Musk's public denial of the extent of his involvement, reports indicate he plans to donate up to $45 million monthly. The PAC, founded by Republican lawyer Chris Gober, focuses on voter registration and early voting in swing states and has raised over $8.7 million since June. Other notable donors include the Winklevoss twins, Ken Howery, and Marc Andreessen.

Elon Musk Invests $45M Monthly in Pro-Trump Super PAC
politics1 year ago

Elon Musk Invests $45M Monthly in Pro-Trump Super PAC

Elon Musk has publicly endorsed Donald Trump's presidential reelection bid and is reportedly planning to support Trump's campaign with $45 million a month through a new super PAC. This marks a significant shift in Musk's political donations, as he has previously supported both Democratic and Republican candidates. Despite their differing views on issues like climate change and electric vehicles, Musk's endorsement and financial backing could have a substantial impact on the campaign.

Elon Musk Pledges $45M Monthly to Pro-Trump Super PAC
politics1 year ago

Elon Musk Pledges $45M Monthly to Pro-Trump Super PAC

Elon Musk has denied reports that he will donate $45 million a month to a pro-Trump super-PAC, calling the claims "fake gnus." Despite Musk's denial, The Wall Street Journal stands by its reporting. The America PAC, which has donated $15 million on behalf of Trump recently, reportedly includes donors from Musk's social circle, such as tech entrepreneurs and investors.