India, Feb. 2 -- Elon Musk, the richest man in the world, shelled out over $290 million last year in a bid to assist GOP leader Donald Trump in the presidential race against former US VP Kamala Harris.

The revelation comes after Musk filed fresh documents with the Federal Election Commission (FEC), citing the amount spent in the final five weeks of 2024. The SpaceX CEO's total expenditure was over $250 million, as per FEC's filings reported in December.

According to documents in his most recent filings, Musk contributed over $11 million to his America PAC on New Year's Eve in order to fund his "petition incentives." Musk, as per CNN, made end-of-year contributions in connection with the $1 million bonus for eligible voters who submitted...