Elon Musk’s promise to give away $1 million per day until the U.S. election has raised legal concerns. Legal experts warn that the plan could violate federal laws prohibiting using cash to incentivize voter registration or voting. Musk’s America PAC, supporting Donald Trump, has committed $75 million to help Trump’s election campaign. Pennsylvania Governor Josh Shapiro expressed concern, suggesting law enforcement may investigate. Legal analysts argue that requiring voter registration as a condition for receiving money may breach election laws, making the situation potentially illegal.
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00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Elon Musk's promise to give away $1 million per day until the U.S. election has raised legal
00:07concerns. Legal experts warn that the plan could violate federal laws prohibiting using cash to
00:12incentivize voter registration or voting. Musk's America PAC supporting Donald Trump has committed
00:18$75 million to help Trump's election campaign. Pennsylvania Governor Josh Shapiro expressed
00:23concern, suggesting law enforcement may investigate. Legal analysts argue that requiring
00:29voter registration as a condition for receiving money may breach election laws, making the
00:33situation potentially illegal. For all things money, visit Benzinga.com slash GSTV.