Elon Musk backs Trump with $119 million to influence policies for his companies
Elon Musk has contributed at least $119 million to a pro-Trump group, supporting Donald Trump's campaign against Kamala Harris. Musk's backing could enhance his influence over government policies that affect his companies, including Tesla and SpaceX. Musk aims to reduce regulations that he believes hinder innovation. His political involvement has grown, especially after perceived slights from the Biden administration. He could push for favorable treatment of electric vehicles and autonomous technology under a Trump administration. Musk's companies already face fewer regulatory requirements, and a Trump presidency may further ease oversight. This could impact safety regulations in industries like space travel and electric vehicles, where Musk's firms are major players.