Less than a month left until the November 5th US presidential election voting day. As the US election approaches, donors from the Democratic and Republican parties are intensifying their actions and involvement in the campaign.

On October 17, well-known American investor and billionaire Mark Cuban appeared at a campaign rally in Wisconsin to support Democratic presidential candidate Harris. On the same day, Tesla CEO and billionaire Musk spoke at a special rally in Pennsylvania, endorsing Republican presidential candidate Trump.

On Saturday (October 19th local time), Musk announced at an event in Pennsylvania that he would randomly give 1 million US dollars every day to one registered voter in Pennsylvania who signs the 'America PAC' petition. The first winner of the day has already been selected.

Giving away 1 million US dollars every day

On October 19th local time, Musk announced at an event in Pennsylvania that from that day until the US election day on November 5th, he would randomly give 1 million US dollars every day to one registered voter in Pennsylvania who signs the 'America PAC' petition. The first winner of the day has already been selected.

Participants in the Saturday event were required to sign a petition, allowing the America PAC to collect contact information from more potential voters to support Trump's campaign.

Information released by the US Federal Election Commission on Tuesday (15th) shows that Musk has donated nearly 75 million US dollars to the America PAC he established in the past three months.

The documents also show that Musk is the sole donor of the "American Political Action Committee". The organization's mission is to help Trump's campaign, especially in the key state of Pennsylvania, and also spending money on other Republican congressional candidates across the country.

This also means that Musk, Adelson, and Uihlein have donated a total of $0.22 billion to Trump.

Musk is betting on Trump.

Pennsylvania is the most populous battleground state, with 19 electoral votes, making it crucial for both parties. According to AdImpact's data, the state attracts more ad funding than any other swing state in both party campaigns.

According to the average poll by RealClearPolitics, Trump's support in that state is only half a percentage point higher than Harris.

Reportedly, Musk also stated his intention to participate in more events in Pennsylvania in the coming days. Musk's political action committee is also recruiting campaigners using X platform, providing $30 per hour to individuals who prioritize issues such as border security, gun rights, and freedom of speech.

After Trump was attacked by a gunman in July, Musk announced his support for this Republican candidate's re-election campaign. Trump has often praised Musk, showing support for the billionaire's electric vehicle production, despite his long-standing criticism of the electric car industry domestically, claiming it harms workers in traditional auto factories.

In August, Trump agreed to be interviewed by Musk on social media. During the hour-long conversation, Trump expressed his appreciation for Musk firing some employees after complaints about working conditions.

On October 13th, the Starship had its fifth test flight, with the launch tower machinery successfully recovering the booster. Trump praised this test flight at the campaign rally that day, saying "Musk is one of us".

According to the latest data revealed by foreign media on October 16th, Harris raised more funds in the third quarter than Trump by a whopping 0.5 billion dollars, but Harris not only raised more money but also spent more. Looking at the latest polls on the Clear Politics website, the election situation remains tight.

This article is from Daily Economic News, edited by Lu Xiangyong, Yi Qijiang; Edited by Wisdom Finance: Wenwen.