News reports from "Yahoo Finance" indicate that billionaire Elon Musk, CEO of Tesla and the richest man in the world, made a significant donation of $75 million to support a group backing former U.S. President Donald Trump over a period of three months. This donation reinforces Musk's increasing political role as the 2024 presidential elections approach.

According to the report, Musk had previously kept his political activity away from the spotlight, but his financial support for Republicans began to become evident since 2022. However, the last few months have seen a noticeable increase in the size of his involvement, as Musk has further intensified his support for Trump's campaign.

According to the information, Musk's political action committee, known as (America PAC), is particularly focused on enhancing Trump's chances in Pennsylvania, which is considered a critical state in the upcoming elections.

Reports indicate that Musk's donations began in July with about $15 million, followed by a donation of $30 million in August and September, bringing the total donations for the quarter to around $75 million.