In a decisive move, a small circle of ultra-wealthy backers is pouring over $350 million into Donald Trump’s super PACs, providing a massive financial advantage as his campaign races to match Kamala Harris’s fundraising power. With his direct campaign contributions falling behind, Trump’s push for the White House is seeing major support from key figures like Elon Musk, Miriam Adelson, Timothy Mellon, and Dick Uihlein—each of whom has significantly boosted his war chest through targeted super PACs.
Miriam Adelson has become one of Trump’s most influential allies this cycle, funneling $100 million into the Preserve America PAC, which is currently funding high-intensity TV ads in swing states across the country. Meanwhile, Elon Musk’s nearly $75 million contribution to the pro-Trump America PAC signals his commitment to the campaign, particularly through initiatives to mobilize young and early voters—a demographic critical to the election outcome. Timothy Mellon has also emerged as a major financial force, committing $125 million to the Make America Great Again Inc. super PAC, set to fuel a wide-reaching advertising campaign as the election draws near.
Dick Uihlein, with his $49 million support for Restoration PAC, is strategically targeting specific races and aligning with GOP-focused groups, showing a well-coordinated effort to bolster the former president’s influence across multiple fronts. Additionally, Diane Hendricks and David Millstone have directed millions into Right for America PAC, funding widespread anti-Harris outreach efforts, while Kelcy Warren’s recent $5 million donation to the Turnout for America PAC is aimed at strengthening grassroots canvassing efforts to push voter turnout.
The sheer scale of these donations demonstrates that Trump’s financial allies are not only keeping his campaign afloat but actively reshaping the strategic landscape of the 2024 race. With a broader coalition of funding expected from other major pro-Trump groups, this influx of billionaire backing is crafting a path for Trump’s 2024 ambitions to compete fiercely on the national stage, making for an election cycle marked by unprecedented high-dollar political influence.
