Musk denies news reports he's donating $45 million a month to Trump-aligned PAC

Tesla and SpaceX CEO Elon Musk says news reports that he is contributing $45 million a month to a pro-Donald Trump political action committee are false.

“What’s been reported in the media is simply not true. I’m not donating $45 million a month to Trump,” Musk said during an interview Monday with Jordan Peterson, a conservative Canadian psychologist and YouTube star.

Musk said he is donating to America PAC at a "much lower level" than $45 million each month.

The owner of the social media platform X said that he created America PAC to “promote the principles that make America great in the first place.”

Musk was a guest of Israeli Prime Minister Benjamin Netanyahu for his joint address to Congress Wednesday. A journalist caught up with Musk and asked him about the reports of him donating $45 million monthly to the PAC.

In response, Musk said that figure was made up by the Wall Street Journal.