Elon Musk plans to donate about $45 million a month to a group supporting Donald Trump’s presidential campaign, with other tech figures contributing, he said. reported On Monday The Wall Street JournalCiting sources “closer to file”.

Formed in late May, “America PAC” is a super PAC, a “political action group,” a legal entity not affiliated with a campaign group, according to documents released by the Federal Election Commission (FEC). It cannot fund a candidate directly, but the law authorizes it to undertake support activities such as advertising campaigns or field operations.

According to The Wall Street Journal, the “America PAC” is devoting its resources to encouraging Republican supporters in states likely to swing toward Trump to register to vote. For those who are registered, the group encourages them to vote by mail or take advantage of early voting windows.

According to documents released by the FEC, donors to the “America PAC” include brothers Cameron and Tyler Winklevoss, who are known for their clashes with Mark Zuckerberg over the creation of Facebook and their recent investments in cryptocurrencies.

The list includes Douglas Leon, a partner at Sequoia Capital, a well-known private equity firm in Silicon Valley, and Antonio Gracias, who was Tesla’s director from 2007 to 2021.

Elon Musk’s name does not appear on the list of contributors to the super PAC, which raised $8.75 million in late June, according to a financial report released Monday. According to The Wall Street JournalThe world’s richest man starts giving this month.

If Elon Musk’s intentions come true, the Financial Times reports, it would be one of the largest donations ever made by an individual to an election campaign in the United States.

For the 2024 election, the largest publicly known donation to date came from Mellon Bank scion Tim Mellon, who gave $50 million to another super PAC supporting Donald Trump. In total, the octogenarian has spent more than $100 million since the start of the campaign, most of which has gone to Republicans, but some to independent candidate Robert F. Support Kennedy.

In March, Elon Musk was estimated by the magazine to be worth $252 billion Forbes, had assured that he would not financially support any candidate. On Saturday, after an attack on Donald Trump, he publicly declared his support for the former president.