after officially approving 2024 US Presidential Candidate Donald Trump, Elon Musk is showing his support by pledging a large monthly donation to a Super PAC.

According to a report of Wall Street JournalMusk has reportedly agreed to donate $45 million a month to America PAC, which was founded in June and focused primarily on registering new voters and encouraging registered voters to vote early and by mail in swing states. .

Connected: Elon Musk backs Trump, says 'dangerous times ahead'

Other Super PAC donors include the Winklevoss twins and Joe Lonsdale, co-founder of Palantir.

According to the first files from Wall Street JournalAmerica PAC had received $8.75 million in contributions for the three-month period ending June 30.

Bloomberg previously reported that Musk donated to the Super PAC but the amount was not disclosed at the time. He is said to begin monthly contributions in July.

Musk took to the X on Saturday to formally endorse Trump for President and pray for his “speedy recovery.”

I fully support President Trump and hope for his speedy recovery pic.twitter.com/ZdxkF63EqF

— Elon Musk (@elonmusk) July 13, 2024

billionaire also called Trump's choice of Ohio Sen. JD Vance as his vice presidential nominee, a “great decision.”

Musk's endorsement of Trump is a sharp departure from his original stance before the 2016 election, when he denounced the former president as a possible option for the post in a interview with CNBC.

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“I feel a little bit stronger that he's probably not the right guy,” Musk said at the time. “He doesn't seem to have the kind of character that reflects well in the United States.”

As of Tuesday afternoon, Musk's net worth was an appreciated one 267 billion dollars.