As the 2024 U.S. presidential election approaches a critical phase, U.S. billionaire Musk steps in with his financial clout to support Trump. He declared that every day a random voter who has signed the petition of the U.S. political action committees will be awarded 1 million dollars, continuing this initiative until the election day.
Daily distribution of 1 million dollars until Election Day
During a pro-Trump gathering in Pennsylvania on Oct. 19 local time, Musk revealed he would give away $1 million daily, concluding on Nov. 5, U.S. Election Day, to a randomly chosen voter in Pennsylvania who endorses an America PAC petition.
This petition implores participants to advocate for free speech and the right to bear arms. Musk expressed his desire for increased awareness surrounding the petition.
The initial recipient of the daily $1 million is a man from Pennsylvania named John Dreyer, who identifies as a “big admirer” of Musk.
Pennsylvania is recognized as a “pivotal state” among the swing states for the 2024 election. Musk recently assured voters in other swing states that they would receive $47 upon signing the petition, along with an additional $47 for each referral they make.
In his backing of Trump’s campaign, Musk has financed U.S. political action committees and has engaged in extensive canvassing for Trump in states such as Pennsylvania.
As per the disclosures from the Federal Election Commission (FEC), Musk has contributed nearly $75 million to PACs in the previous three months.
The PAC has utilized approximately $72 million of these funds targeting voters in swing states, concentrating on individuals who have signaled support for Trump yet might not cast their votes for him. They have indicated plans to reach out to these targeted voters three times before the Election Day arrives.
The aforementioned disclosures also highlight that Dick Uihlein, president of Uline, a U.S. shipping enterprise, has given $49 million to Trump in the last three months; concurrently, casino tycoon Miriam Adelson has contributed even more to another pro-Trump super PAC, the Protect America Political Action Committee (PAC) with a donation of $95 million.
The U.S. Election Enters a Crucial Phase
Currently, the U.S. election is in a decisive phase.
On October 19, local time, U.S. Vice President and Democratic presidential hopeful Harris campaigned in Michigan and Georgia. Conversely, former President and Republican presidential contender Donald Trump held a rally in Pennsylvania.
According to the latest NBC survey released earlier, both candidates enjoy 48 percent backing among voters; an additional 4 percent of respondents indicated they would either hesitate or decline to support either candidate when faced with choosing between the two party nominees.
In comparison to NBC’s poll outcomes in September, when Harris still had a five-point lead over Trump, 49 percent to 44 percent.
NBC asserts that the race is fiercely competitive as it transitions from summer to fall, with Harris’ campaign momentum waning.
The most recent polling data also underscores the unpredictability of this election.
However, betting markets appear to be tipping the balance favorably towards Trump, with information from the Polymarket site indicating that Trump’s likelihood of winning the election has risen to 61 percent, significantly ahead of Harris’ 39 percent.
Should Trump secure re-election, he might fundamentally transform the global trade framework. He has indicated that, upon returning to the White House, trade taxes will take priority on his agenda.
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