According to the Securities Times, on February 1, local time, the U.S. Federal Election Commission's year-end filing documents showed that Elon Musk spent more than $290 million in the 2024 U.S. election. The documents show that Musk donated about $11.2 million to the "Political Action Committee (PAC)" he funded on the last day of the year, bringing his total political donations to more than $290 million.