Elon Musk’s America PAC played a pivotal role in Donald Trump’s 2024 presidential victory, injecting nearly $200 million into the campaign. This unprecedented financial backing, combined with strategic use of Super PAC funds, allowed the Trump campaign to target key demographics and boost voter turnout, especially among first-time and low-propensity voters in crucial battleground states.
The cryptocurrency industry has reportedly invested a record-breaking $119 million in the 2024 presidential election, aiming to influence candidates who support cryptocurrency and oppose those who are skeptical. This unprecedented spending, primarily channeled through super PACs like Fairshake PAC, highlights the industry’s growing political influence and its desire to shape cryptocurrency regulation.
