this post was submitted on 06 Dec 2024
207 points (98.6% liked)

News

23627 readers
5497 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious right or left wing sources will be removed at the mods discretion. We have an actively updated blocklist, which you can see here: https://lemmy.world/post/2246130 if you feel like any website is missing, contact the mods. Supporting links can be added in comments or posted seperately but not to the post body.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source.


Posts which titles don’t match the source won’t be removed, but the autoMod will notify you, and if your title misrepresents the original article, the post will be deleted. If the site changed their headline, the bot might still contact you, just ignore it, we won’t delete your post.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials or celebrity gossip is allowed. All posts will be judged on a case-by-case basis.


7. No duplicate posts.


If a source you used was already posted by someone else, the autoMod will leave a message. Please remove your post if the autoMod is correct. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners.


The auto mod will contact you if a link shortener is detected, please delete your post if they are right.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

Elon Musk spent over a quarter of a billion dollars to help Donald Trump win November's presidential election, according to new filings, underscoring the influence one of the world's wealthiest people had on this year's White House race.

The billionaire owner of electric car maker Tesla and SpaceX gave $259 million to groups supporting Trump's 2024 campaign, according to new Federal Election Commission filings released late on Thursday.

The huge donations made Musk one of the biggest underwriters of a presidential campaign in U.S. history, helping him to become a powerful political ally of Trump and someone who now plays a key role in shaping the incoming Republican administration's policy agenda.

top 19 comments
sorted by: hot top controversial new old
[–] [email protected] 41 points 2 weeks ago (1 children)

Elon is a CEO… just saying.

[–] normalexit 27 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

I really hope he doesn't threaten to gut people's retirement funds and gets shot for it. That would be terrible.

[–] [email protected] 7 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

Oh I know, getting shiot would just be totally ^not^ necessary.

[–] normalexit 5 points 2 weeks ago (1 children)

(I curse a lot so "shot" got autocorrected to shit. Then I tried to fix it on my mobile. I got there eventually!)

[–] [email protected] 5 points 2 weeks ago

Oh I thought you were being sneaky ;)

[–] WoahWoah 35 points 2 weeks ago (2 children)

Yes, he spent the equivalent of ~$105 if you make $100,000/year. If you make $100,000, spending $100 to buy the government? You'd be dumb not to.

[–] [email protected] 25 points 2 weeks ago (1 children)

Which is why billionaires shouldn't be a thing.

[–] asdfasdfasdf 4 points 2 weeks ago

Id argue the bigger issue is that money has the ability to influence politics at all. We need to remove it completely.

[–] [email protected] 9 points 2 weeks ago

And it's a fraction of what his corporations received from the federal government in various grants, contracts and subsidies. I'm sure he'll earn all of that back when his government efficiency office privatises everything to companies he runs.

[–] vegeta 24 points 2 weeks ago* (last edited 2 weeks ago) (1 children)

which is .074% of his net worth. Bought himself a good 4+ year return.

250000000/337300000000*100

[–] Chainweasel 1 points 2 weeks ago

Musk is worth about $234bn, so it's closer to 0.001% of his net worth

[–] EndOfLine 18 points 2 weeks ago

Elon Musk could lose, spend, and / or give away 99% of his net worth and still be a multi-billionaire.

[–] [email protected] 13 points 2 weeks ago* (last edited 2 weeks ago)

And now he's in charge of directing government funds to his companies (for "efficiency").

Swamp drained!!

[–] FlyingSquid 9 points 2 weeks ago

Pretty much pocket change for him. We allowed people to get so wealthy that they can buy their way into power wherever and whenever they want and they are reaping the benefits writ large.

[–] [email protected] 8 points 2 weeks ago

And apparently made $100bn. So, that's a decent ROI!
https://lemmy.world/post/22871743

[–] finitebanjo 7 points 2 weeks ago

More importantantly he bought Twitter.

[–] [email protected] 6 points 2 weeks ago

So can we find the people he paid to vote for fat donnie?

[–] [email protected] -1 points 2 weeks ago

Lovely how so many lefties bought Tesla's, which means that indirectly they funded Trump's election

Lovely how any of that shitbis legal

[–] blazeknave -2 points 2 weeks ago

I'm not clicking that. What's the story? He did the thing he said he was doing?