Dogecoin Jumps 8% As Elon Musk Donates $75M To Elect Trump, DOGE to $1?

Elon Musk, known for being a fan of Dogecoin meme coin, has donated nearly $75 million to America PAC to back Donald Trump in his presidential race. Musk has also pushed forward efforts regarding the proposed Department of Government Efficiency (DOGE) and campaigning with Trump, currently throughout Pennsylvania.

Elon Musk Donates Massive $75 Million In US Elections

Billionaire businessman Elon Musk boosted Donald Trump’s presidential run by donating nearly $75 million in donations to America political action committee (PAC), a pro-Republican group. The donation has pushed Musk on the list of top donors for Trump’s reelection bid.

Musk created this PAC to support candidates who support core values of ‘Secure Borders, Sensible Spending, Safe Cities, Fair Justice System, Free Speech and Self-Protection.’ The group has already spent more than $96 million boosting Trump’s reelection bid, according to the independent non-profit OpenSecrets.

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