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Justice Dept warns Musk’s super PAC over million dollar giveaways, CNN reports

Market Spectator October 23, 2024 2 minutes read

WASHINGTON (Reuters) – The U.S. Justice Department has sent a letter to Elon Musk’s super PAC warning that the billionaire Tesla CEO’s $1 million giveaways may violate federal law, CNN reported on Wednesday, citing people briefed on the matter.

A letter from the department’s public integrity section, which investigates potential election-related law violations, went to the PAC, according to CNN.

The Justice Department and Musk’s America PAC did not immediately respond to a request for comment.

South African-born Musk, who has thrown his support behind Republican presidential candidate Donald Trump ahead of the Nov. 5 election, announced on Saturday while speaking before a crowd in Pennsylvania that he was giving away $1 million each day until Election Day to someone who signs his online petition supporting the U.S. Constitution.

He handed $1 million checks to two separate people over the weekend – one to a man in Harrisburg on Saturday and another to a women in Pittsburg on Sunday.

Musk, ranked by Forbes as the world’s richest person, so far has supplied at least $75 million to America PAC, according to federal disclosures, making the group a crucial part of Trump’s bid to regain the White House.

(Reporting by Jasper Ward and Alexandra Ulmer; Additional reporting credit for Sarah N. Lynch; Editing by Marguerita Choy)

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