Elon Musk donates $119 million and endorses Trump to influence U.S. policy

Elon Musk has donated at least $119 million to a pro-Trump political action committee and publicly endorsed Donald Trump’s presidential campaign. This support may enhance Musk's influence over U.S. policies affecting his businesses, including Tesla and SpaceX. Musk's endorsement aligns with his goal to reduce regulatory burdens on his companies. He is reportedly advocating for a unified federal approach to autonomous-driving laws and aims to expedite FDA approval for his brain-implant company, Neuralink. While Musk's political ties may benefit his businesses, concerns arise about the potential weakening of regulations in high-risk sectors like space exploration. Critics warn that loosening safety oversight could pose risks to the industry.