Elon Musk has denied reports that he is donating $45 million a month to a Super PAC supporting Donald Trump's presidential campaign. He clarified that while he is making some donations to America PAC, the amount is significantly less than reported. Musk emphasized that the PAC's key values are meritocracy and individual freedom, aligning with some Republican principles but not intended to be hyperpartisan. The Wall Street Journal initially reported the large monthly donation, which Musk called 'ridiculous' during an interview with Jordan Peterson. The America PAC aims to support policies that promote the foundational principles of the United States, rather than solely backing Trump. Despite Musk's denial, he has publicly endorsed Trump following a recent assassination attempt on the former president.