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How Elon Musk’s X earns money from his campaign for Trump

Elon Musk-led Super Pac for Donald Trump has placed hundreds of thousands of dollars in advertising on X (formerly Twitter). ” sizes=”(max-width: 1023px) 100vw, 800px” data-portal-copyright=”Michael Swensen/Getty Images” srcset=”https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb.jpg?ver=1729620029 2000w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-600×300.jpg?ver=1729620029 600w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-800×400.jpg?ver=1729620029 800w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-768×384.jpg?ver=1729620029 768w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-1536×768.jpg?ver=1729620029 1536w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-1024×512.jpg?ver=1729620029 1024w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-400×200.jpg?ver=1729620029 400w, https://cdn.businessinsider.de/wp-content/uploads/2024/10/6717cebaa0a0cc14f222ffcb-540×270.jpg?ver=1729620029 540w”/>

The Elon Musk-led Super Pac for Donald Trump has placed hundreds of thousands of dollars in advertising on X (formerly Twitter). Michael Swensen/Getty Images

Elon Musk’s Donald Trump campaign super PAC has spent over $200,000 on advertising on X (formerly Twitter).

That generated nearly 35 million impressions, according to X Ads data.

It’s the latest example of Musk’s intersection of business and politics.

This is a machine translation of an article from our US colleagues at Business Insider. It was automatically translated and checked by a real editor.

Elon Musk’s pro-Donald Trump Super PAC has spent hundreds of thousands of dollars promoting content on X (formerly Twitter). The incident underscores how the billionaire’s politics and business ventures collide.

According to the most recent data available on advertising revenue from X, the social media company Musk bought in 2022, Musk’s America PAC has spent $201,021 on advertising on the platform since the start of July.

The PAC, which initially went by the name @theamericapac before adopting the name @america earlier this month, has received nearly 35 million impressions, or views, as a result, according to the data. All of the ads targeted users in key election swing states, including Arizona, Nevada, Pennsylvania, Michigan, Wisconsin, Georgia and North Carolina.

America PAC’s most-watched ad, according to data, accuses Trump’s opponent, Democrat Vice President Kamala Harris, of wanting to turn Georgia “into a border state” and urges viewers not to let Harris “burn our country.”

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The post contains a link to a voter registration website run by the PAC and has been viewed more than 3.1 million times.

A spokeswoman for America PAC declined to comment. The tech magazine “Wired” reported first about Musk’s ad spending on X.

X hardly makes any money from Musk’s advertising for Trump

The revenue that X generates from America PAC is relatively small, and given the fact that Musk at least $75 million of his own money into the project plugged in he is far from making any profit.

But the billionaire businessman has an even bigger one The goal in mind: the election of Donald Trump.

If Trump is elected, Musk will have greater influence over the government, including through a proposal Musk has proposed “Government Efficiency Commission”which the former president promised to introduce if elected.

America PAC has raised more than $100 million to elect Trump and at least ten million dollars spent on more than a dozen GOP candidates in the House of Representatives.

Over the weekend, Musk announced that he would give away $1 million a day to registered voters in swing states who sign his petition, which some legal experts said would be worth it could be illegal.

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