Elon Musk Claims Crucial Role in Trump's 2024 Victory
The relationship between Elon Musk and former President Donald Trump has deteriorated sharply amidst a public dispute over Trump’s legislative agenda and Musk’s involvement in the 2024 election. Musk asserted that without his significant support, Trump would not have won the recent presidential election.
In a series of posts on social media platform X, Musk stated, "Without me, Trump would have lost the election, Democrats would control the House, and Republicans would only hold 51-49 in the Senate." This declaration came after Trump criticized Musk for opposing the controversial "One Big Beautiful Bill," which includes tax and spending measures.
Disagreement Over the "One Big Beautiful Bill"
The friction intensified as the bill, championed by Trump, faced criticism from Musk for its impact on the federal deficit and tax credits for electric vehicles. Musk described the legislation as a "disgusting abomination" and highlighted concerns that it would significantly increase the national deficit.
Trump responded publicly from the Oval Office, expressing disappointment in Musk’s comments, saying, "I’m very disappointed in Elon. I’ve helped Elon a lot… he hasn’t said bad about me personally, but I’m sure that will be next." Musk countered by stating the bill was never shared with him and criticized the inclusion of what he called "a mountain of disgusting pork".
The Political and Financial Backing from Musk
Elon Musk has been one of the most prominent financial backers of Trump’s 2024 campaign. According to election cycle disclosures, Musk donated over $277 million supporting Trump and Republican candidates, primarily through his political action committee, America PAC.
- $239 million donated via America PAC.
- $20.5 million contributed to a controversial PAC named after the late Justice Ruth Bader Ginsburg.
- $10 million given to the Senate Leadership Fund.
- $3 million to the MAHA Alliance PAC, linked to Robert F. Kennedy Jr.
These substantial funds supported extensive voter mobilization efforts, including outreach campaigns, advertisements, and get-out-the-vote initiatives. Notably, a large portion of these resources was directed to companies connected to Musk, although details on their exact use remain unclear.
From Campaign Supporter to Government Official
Musk’s influence extended beyond financial contributions. He publicly endorsed Trump, held rallies in his favor, and was appointed to head the newly formed Department of Government Efficiency after Trump's election victory. The department's mission focuses on reducing federal spending and streamlining government operations.
Outlook on Their Fractured Relationship
Questions now arise regarding the future of Musk and Trump’s relationship. Trump acknowledged the strain, remarking, "Elon and I had a great relationship. I don’t know if we will anymore."
The Congressional Budget Office has estimated that the disputed bill may add approximately $2.4 trillion to the federal deficit over the next decade and could result in nearly 11 million Americans losing health coverage, further fueling the controversy.