Musk founded the America Political Action Committee (Super PAC) in July with the primary goal of supporting Trump's campaign and the Make America Great Again (MAGA) movement.

The Super PAC, which pools campaign donations for election-related causes, has received about $75 million from Musk in the last three months alone, and likely more since then.

According to Forbes, Musk's net worth is estimated at $264 billion.

America PAC has quickly become one of the largest pro-Trump organizations, focusing on Republican turnout in seven crucial swing states.

The organization has launched controversial initiatives, including cash incentives for voters to direct others to sign a petition in support of the First and Second Amendments to the U.S. Constitution, which protect free speech and the right to bear arms.

It also introduced a daily lottery prize of $1 million for random petition signers in swing states.

These unusual plans have sparked legal debates. While some experts argue they violate U.S. election law, which prohibits voter registration payments, others maintain their legality.

Philadelphia's chief prosecutor filed a lawsuit this week denouncing the prize offering as an “illegal lottery scheme.”

Although a judge ordered Musk to appear in court, his lawyers filed a “motion to remove,” moving the case to federal jurisdiction pending a decision.

Unlike most billionaire supporters who remain in the shadows, Musk has emerged as Trump's most prominent celebrity supporter, making frequent appearances on the campaign trail.

His first joint appearance with Trump took place on October 5 in Butler, Pennsylvania – the site of an assassination attempt on the former president in July.

During the rally, Musk gave an impassioned speech in which he warned that “this will be the last election” if Trump doesn't win and claimed Democrats were taking control of the country.

At New York's Madison Square Garden, Musk declared to thousands: “I'm not just MAGA, I'm Dark Gothic MAGA.”

Musk has also held solo town hall events, including a marathon question-and-answer session in Pennsylvania that drew large crowds.

He has also planned virtual town halls, including on November 5, Election Day.

Trump has promised to appoint the billionaire to head a new “Department of Government Efficiency” (DOGE), which shares its name with the Musk-linked cryptocurrency.

This appointment would raise significant conflict of interest concerns given SpaceX's essential role in NASA missions and Tesla's reliance on government regulators, particularly in self-driving technology.

And SpaceX's Starlink plays a critical role in providing communications support in war and disaster zones around the world.

According to the New York Times, SpaceX and Tesla have received at least $15 billion in government contracts over the past decade.

At the event in New York, Musk proposed cutting annual government spending by $2 trillion, suggesting dramatic changes to public services, including cuts to state pensions and retiree health care.

Former Treasury Secretary Larry Summers criticized this approach, saying governments were not run like businesses.

“With all due respect, I think it’s idiotic,” he said on Fox News.

Since acquiring Twitter and renaming it X two years ago, Musk has transformed the platform.

Recent studies suggest increased visibility of right-wing content, while democratic and left-wing posts see lower engagement.

A Washington Post analysis found that Republican accounts are posting more frequently and gaining more followers under Musk's leadership.

White House officials expressed concern about their reduced reach during potential crises, as their average post views fell from 200,000 to 100,000.

While this could be due to user exodus following Musk's takeover, algorithm adjustments could also play a role.

A Wall Street Journal investigation found that even accounts that only covered non-political topics received predominantly conservative and election-related content, contradicting X's assurances to advertisers about disclosing non-political content.

Musk has used his account, which has more than 200 million followers, to promote Trump's platform, particularly on immigration and transgender issues.

He has also spread debunked conspiracy theories about rigged voting machines – arguments that the Trump campaign will use if it is defeated.

A New York Times analysis of Musk's X-posts over five days last month found that nearly a third of his 171 posts contained false information or lacked context.

He has amplified conspiracy theories, including claims that Democrats are “importing” migrants for electoral purposes and false stories about immigrants from Haiti.

According to the Center for Countering Digital Hate, Musk's false or misleading election claims on X reached nearly 1.2 billion views in just a few months.