Elon Musk spent a quarter of a billion dollars on Donald Trump's victory.

According to Reuters, billionaire Elon Musk spent more than a quarter of a billion dollars to help Donald Trump win the presidential election last November. This underscores the influence of one of the world's richest people on this year's race for the White House.

According to new Federal Election Commission filings released late on December 6 (Washington time), billionaire Elon Musk – owner of electric car manufacturer Tesla and SpaceX – donated $259 million to groups supporting Trump's 2024 presidential campaign.

These massive donations have made Musk one of the largest donors to a presidential campaign in American history, making him a powerful political ally of President-elect Trump and a key figure in shaping the policy agenda of the upcoming Republican administration.

Elon Musk donated $239 million to America PAC – a super-organization he founded to help campaign for Trump.

In late October, Musk donated an additional $20 million to RBG PAC, a group seeking to convince voters that Trump would not sign a nationwide abortion ban, according to FEC records. The group's name alludes to the late Supreme Court Justice Ruth Bader Ginsburg, a supporter of abortion rights.

Musk, who also owns the social media platform X, has emerged as a close advisor in Trump's transition team. President-elect Trump has chosen Elon Musk, along with former Republican presidential candidate and businessman Vivek Ramaswamy, to head an Efficiency Board aimed at cutting spending and streamlining government operations.