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Nov 13, 2024 | 
crainscleveland.com | Bill Allison
Billionaire Elon Musk and Ohio entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced Tuesday.
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Nov 12, 2024 | 
yahoo.com | Bill Allison
(Bloomberg) -- Billionaire Elon Musk and entrepreneur Vivek Ramaswamy will lead a new Department of Government Efficiency tasked to “dismantle Government Bureaucracy, slash excess regulations, cut wasteful expenditures, and restructure Federal Agencies,” President-elect Donald Trump announced Tuesday.
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Nov 9, 2024 | 
fortune.com | Bill Allison |Stacy-Marie Ishmael
FTX filed a lawsuit against Anthony Scaramucci and his hedge fund SkyBridge Capital as part of a broader effort to claw back money for creditors of the bankrupt company. The lawsuit against the former White House communications director is one of 23 filed in the bankruptcy court of Delaware on Friday. Plaintiffs also include digital-asset exchange Crypto.com and political groups such as the Mark Zuckerberg-founded FWD.US, according to court documents.
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Oct 25, 2024 | 
crainscleveland.com | Bill Allison
Elon Musk gave another $56 million to elect Donald Trump and other Republicans in the final weeks of the 2024 election, bringing to at least $132 million the amount spent by the world’s richest person to elevate his allies to the White House and Congress, federal filings show. The donations — revealed in disclosures with the Federal Election Commission Thursday — show that the Tesla Inc.
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Oct 21, 2024 | 
theage.com.au | Bill Allison
By Bill Allison October 22, 2024 — 6.38am, register or subscribe to save articles for later. Save articles for laterAdd articles to your saved list and come back to them any time. Donald Trump, who rose to political power fuelled by grassroots contributors giving in small increments, is now reliant on wealthy backers, including billionaires Elon Musk and Miriam Adelson, to underwrite his third White House bid.
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Oct 16, 2024 | 
thestar.com.my | Bill Allison |Dana Hull
Elon Musk poured US$75mil into the super political action committee he created earlier this year, launching the Tesla Inc and SpaceX chief executive officer into the top tier of political donors as he pays for much of the ground game for Donald Trump’s campaign. Musk’s super PAC is paying for Trump’s get-out-the-vote operations in battleground states in an effort to bolster turnout for the former president and Republicans in swing districts that could help the GOP win a House majority.
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Sep 21, 2024 | 
fortune.com | Bill Allison |Amanda Gordon
While polls show the race is extremely close, Harris pulled ahead in the money chase. She boosted her war chest in August after raising $361 million, while Trump spent $32 million more than the $130 million he raised as he launched a costly ad campaign to blunt her momentum. His allied super political action committee also depleted some of their cash reserves.
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Sep 7, 2024 | 
fortune.com | Dana Hull |Biz Carson |Bill Allison
“If you sit this election out, Kamala and the crazies will win,” says an ad on Google’s YouTube, which has been shown at least three million times. “You will be stuck with higher costs and more illegals invading our country.” It paints Trump, by contrast, as an “American Badass,” with a video of the former president after the July assassination attempt that drove Musk to publicly support his candidacy.
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Jul 12, 2024 | 
ndtv.com | Jennifer Jacobs |Bill Allison
Billionaire Elon Musk has donated to a super political action committee working to elect Donald Trump to the White House, a major gambit by the world's richest person to make his imprint on the US political landscape. Musk has contributed to a low-profile group called America PAC, according to people familiar with the matter, who requested anonymity to detail his plans. It's unclear how much Musk has given, but the people characterized the figure as a sizable amount.
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May 31, 2024 | 
ndtv.com | Bill Allison
Donald Trump is seeking to spin his criminal conviction into gold with an appeal to donors to contribute money to his newly embattled presidential campaign. The appeal, which refers to Trump as a "political prisoner," was posted online just minutes after a jury found him guilty on all 34 counts in a case dealing with the mishandling of business records to cover up hush-money payments to an adult film actress.
