Tech billionaire Elon Musk said he will commit $45 million per month to a new political action committee backing former President Trump, The Wall Street Journal reported Monday.

Musk’s announcement comes on the same day Trump was named the Republican Party’s official nominee and after he named Sen. JD Vance (R-Ohio) as his running mate.

America PAC will primarily focus on voter outreach and registration efforts, the Journal reported, with the intention to combat Democrats’ traditionally strong similar campaigns.

Other notable backers of the PAC include the Winklevoss twins, tech entrepreneur Joe Lonsdale, former ambassador to Canada and Kentucky Senate candidate Kelly Craft and her husband, coal executive Joe Craft, the Journal said.... Read More: The Hill