Elon Musk, the richest person in the world, has said, according to a Wall Street Journal report, that he will donate about $45 million a month to a new super PAC supporting the election of former President Donald Trump.
The power of the uberwealthy to influence the democratic process seems to be growing in this year's increasingly intense and tense election cycle. Musk's planned donations are on an extraordinary scale, but he's hardly the only billionaire attempting to influence voters with megagifts.
Former New York Mayor Michael Bloomberg, reportedly worth more than $106 billion, contributed $20 million last month to a super PAC and a Democratic fund supporting President Joe Biden’s reelection effort. In May, Timothy Mellon, from a family worth an estimated $14.1 billion, gave $50 million to a Trump-aligned super PAC soon after the former president was convicted of 34 felonies. Mellon also gave $20 million to a PAC supporting independent presidential candidate Robert F. Kennedy Jr.
But Musk is not just your ordinary billionaire.........