Elon's Biggest Secret Could Save Your Retirement

From a near-fatal car crash to surviving deadly malaria, Musk's fearless drive built Tesla, SpaceX, and Starlink. Now, he's warning America--and smart investors are listening. Discover the Trump IRS Loophole to protect your IRA & 401(k).

Strategist who ran DeSantis' ill-fated bid is working with Musk to help organize voters for Trump

THOMAS BEAUMONT
August 17, 2024

Ron DeSantis' senior political aides were gathered last year at the Florida governor's campaign headquarters, an office across the street from a Red Lobster on Tallahassee's north side, planning the announcement of his candidacy for president.

Some wanted the Republican to go a baseball stadium in Tampa, near where he grew up and starred in Little League, for what they hoped would be a photogenic rally with his young family. Campaign manager Generra Peck supported a different idea, according to people familiar with the matter -- one she had quietly been working on for weeks with Elon Musk, the then-new owner of the platform still known at the time as Twitter. The people spoke on condition of anonymity to disclose internal deliberations.

DeSantis opted for an audio-only conversation with Musk on Twitter Spaces. Initially drawing interest and curiosity, the call was a disaster. The feed crashed due to technical glitches, creating an inauspicious opening for what would ultimately be DeSantis' ill-fated campaign.

Peck, who was demoted three months into DeSantis' candidacy, and Musk are now working together again, this time on a super political action committee, America PAC, dedicated to electing Donald Trump, who beat DeSantis on his way to winning this year's Republican nomination.

Trump's campaign is largely leaving paid canvassing and get-out-the-vote efforts to outside groups such as America PAC, relying on new guidance from the Federal Election Commission that allows campaigns to coordinate with outside groups in ways that were previously not allowed. But in doing so, the campaign has outsourced a core function to a coterie of untested groups that operate independently. Indeed, DeSantis' decision to have an outside group canvass for him was attributed as one of the reasons his presidential bid failed.

The small margins that an effective turnout program can achieve could be especially important in a tight presidential race with Vice President Kamala Harris, the Democratic nominee, drawing more enthusiasm than when President Joe Biden was seeking reelection.

America PAC works to identify likely Trump supporters

America PAC has a charge of identifying likely Trump supporters in key states through door-to-door canvassing and digital outreach. It is among a handful of organizations to which Trump's team has ceded most of the organizational effort, including Turning Point Action and Faith and Freedom Coalition.

Its work -- and Musk's role -- have drawn an unusual level of interest.

"America PAC is utilizing the data it collects to register voters and encourage them to vote," lawyers for the group wrote in an Aug. 7 letter sent to a staffer for Michigan Secretary of State Jocelyn Benson, whose office was cited in an Aug. 4 CNBC story as investigating the group's efforts. "Admittedly, not all our plans or strategies are public at this time, but any investigation into our efforts will prove premature and imprudent."

Benson's office, which released the letter, responded two days later by saying it announced a review "in response to concerns that potential Michigan voters were being misled by an America PAC website into believing they were registering to vote when they were, in fact, not."

Musk has denied reports that he would fund pro-Trump efforts this year to the tune of $45 million a month. But he has been vocal both in his support of Trump and his boosting of conservative voices on the platform he renamed from Twitter to X.

"The key values of the PAC are supporting a meritocracy & individual freedom," Musk wrote in a July post. "Republicans are mostly, but not entirely, on the side of merit & freedom."

A year after Trump repeatedly mocked DeSantis' botched rollout, he appeared on the same platform this week to speak with Musk. But their call was also plagued by glitches and delayed for 40 minutes, followed by a long conversation in which Trump's audio often sounded slurred.

"Based on that two-hour X mess, if you get Musk as a client, that's good, I guess. But if you don't, you can see how that's also good," said Mark Campbell, who managed the winning campaign of Gov. Glenn Youngkin, R-Va., in 2021. "Because as far as Elon Musk's foray into politics goes, he's 0 for 2."

A spokesman for America PAC declined to comment. Peck did not respond to messages seeking comment.

America PAC brings in DeSantis alumni

In mid-July, America PAC dumped the vendors it had hired for digital strategy, polling, canvassing and advertising. It replaced those vendors with companies linked to Phil Cox, another former DeSantis campaign aide and former executive director of the Republican Governors Association who is a business partner of Peck's in a firm called P2.

Peck is not the sole leader of the PAC. In addition to Peck and Cox, Dave Rexrode, another top aide on the Youngkin campaign, is also a senior adviser.

People familiar with the matter say Peck -- and DeSantis -- have cultivated close ties with Musk.

About a month before DeSantis launched his campaign on Twitter Spaces, Peck held a late-night Zoom meeting with Musk, who was overseas, as well as Musk's friend and fellow tech billionaire David Sacks and pro-DeSantis super PAC chairman Adam Laxalt, about Musk's interest in contributing to DeSantis' looming presidential campaign.

After that meeting, Peck told members of DeSantis' political team that she expected Musk to be the biggest player in the 20-year history of super PACs, groups that can take unlimited sums and advocate for a candidate as long as they do not coordinate with campaigns.

From that point on, Peck guarded Musk carefully, the people familiar with the operations said.

Where typically senior political operatives in contact with major donors hand off those relationships to a campaign's finance director, Peck did not in Musk's case, maintaining her role as the single DeSantis campaign conduit to Musk. "It was all her," one person said.

Likewise, Peck typically did not involve senior advisers to Never Back Down, the super PAC that DeSantis had entrusted with his organizational efforts in early states, to participate in calls with Musk. Though there are rules that bar coordination between campaigns and super PACs, those can be accommodated in conference calls by asking PAC officials to drop off the call during strategy discussions.

Peck kept communications with Musk to herself, to the point that top aides were barred from discussing Musk's interest in the campaign.

"Nobody was able to talk to engage with the Elon stuff," the source said. "It was clear during and immediately after the rollout that Generra was the one talking to them, exclusively so."

Others in DeSantis' political orbit said there was no need for Musk to be in contact with the Florida governor's campaign, that the billionaire defies the profile of even the biggest political donors. Those who say Musk wasn't in touch with key staff could be voicing bitterness that they didn't have more access to him, they say.

Others question how much America PAC will matter

Ultimately, Musk is not listed in Federal Election Commission records as having donated either to DeSantis' campaign or Never Back Down.

Peck served as campaign policy director on Youngkin's campaign. Campbell, the campaign manager then, described Peck as "brilliant in the policy area" but said he wasn't sure about her experience setting up a canvassing operation.

"If she's also trying to develop Elon Musk, I'm not sure that's that different than what a lot of political consultants do, which is put two different sides of their business together, the political and the corporate sides," Campbell said.

Canvassing and voter outreach are some of the most visible parts of a campaign, even though some strategists say observers put too much importance on the so-called "ground game." Campbell argued that both candidates -- and not outsiders -- would determine the fate of the race.

"Anything having to do with Musk is all collateral noise," he said.

___

Associated Press writer Joey Cappelletti in Lansing, Michigan, contributed to this report.

Continue Reading...

Popular

Cathie Wood Offloads Meta Stock While Mark Zuckerberg Celebrates Llama AI Success

Cathie Wood's Ark Invest sold $4.3 million worth of Meta shares on Wednesday, March 19, 2025, despite the company's Llama AI reaching 1 billion downloads.

Coinbase Introduces Verified Pools For Clearer Onchain Liquidity In Limited Areas

Coinbase launches Verified Pools to improve transparency and security in DeFi liquidity pools using identity checks, Uniswap v4, and risk modeling.

Washington Won't Save You--but This 4-Step Plan Might - Ad

America's economy is unraveling--soaring costs, skyrocketing debt, and Wall Street insiders dumping stocks. This isn't a recession--it's an economic breakdown. Stocks could crash 50%, real estate 40%, and inflation will eat your savings. But history shows: the biggest crashes create the biggest fortunes--if you act now!

Delaware's status as corporate capital might be on the line in a fight over shareholder lawsuits

HARRISBURG, Pa. (AP) — Delaware is trying to protect its status as the corporate capital of the world amid fallout from a judge's rejection of billionaire ’s landmark , although critics say fast-tracked legislation will tilt the playing field against investors, including pensioners and middle-class savers.

Bonk Leads Memecoin Rally As This Indicator Flashes 'Buy,' But Dogecoin, Shiba Inu Not Too Far Behind

Meme coins surged on Wednesday amid the broader rally in the cryptocurrency market. What Happened: Solana (CRYPTO: SOL)-based Bonk spearheaded the rally with nearly an 8% jump over the last 24 hours. 

Trump's Tariff Move Has Created a Massive Opportunity for 401(K)S - Ad

As President Trump slaps China with new tariffs, the Fed is boxed in--and gold is skyrocketing just like it did during Trump's first term. JPMorgan just grabbed $4 Billion in gold bars... should you? Discover a "Tariff Assistance Loophole" to move funds from your IRA & 401(k) into gold--tax-free!

Economists React To Powell: 'We Are Now Seeing The Stag And The Flation'

The Federal Reserve left interest rates unchanged at 4.25%-4.50% on Wednesday, with Chairman Jerome Powell reviving the term “transitory” to describe the potential inflationary effects of new tariffs.

German Parliament Backs Changes to Constitutional 'Debt Brake'

The pan-European Stoxx 600 closed 0.61% higher on Tuesday, with most sectors and all major bourses in positive territory on German reform optimism.

Trump, Musk & the Gold Play No One Sees Coming - Ad

Fort Knox mystery could send gold skyrocketing. Because the real danger isn't missing gold. It's decades of Fed manipulation collapsing overnight. Right now, I've uncovered 5 major gold predictions that could make this Fort Knox moment even bigger than people realize. One of them is already unfolding.

Cathie Wood Believes Most Memecoins Will Face 'Fearsome Declines,' But They Could End Up Becoming Collector's Items

Cathie Wood, the founder of asset management firm Ark Invest, warned investors Tuesday that most meme coins won't have high worth in the future and "fearsome declines" could be expected.

Meet the federal worker who went rogue: I hope that it lights a fire under people

NEW YORK (AP) — To billionaire Elon Musk and his cost-cutting team at the Department of Government Efficiency, Karen Ortiz may just be one of many faceless bureaucrats. But to some of her colleagues, she is giving a voice to those who feel they can't speak out.

Just Released: Huge New A.I. Trade - Ad

While everyone's distracted by Nvidia, PLTR & Bitcoin, billionaires have been quietly loading up on this stock. And 99% of Americans have no clue. It could help make a fortune for fast-moving investors, who make their move before May 13th.

Small Plane Crashes In Pennsylvania Retirement Facility Parking Lot After Pilot Reports 'Open Door'

A Beechcraft Bonanza carrying five people crashed Sunday afternoon near a retirement village south of Lancaster Airport in Pennsylvania, according to Federal Aviation Administration officials. All passengers survived and were transported to hospitals for treatment.

Merck Plans Regulatory Submission For Two-Drug Regime For HIV Infection By Mid-2025

Merck's DOR/ISL met primary efficacy and safety goals in two Phase 3 HIV trials. Marketing applications are planned for mid-2025.

Are you owed an extra $2,105 a month in extra cash? - Ad

A little-known "loophole" has allowed a handful of regular Americans to legally collect over $109,200,000 in bonus cash. And today's your chance to join them. It doesn't matter how old you are or even how much money you make. And my research shows there's no way you can be denied from taking part in this opportunity.

Trump signs executive order to establish government bitcoin reserve

President Donald Trump signed an executive order Thursday establishing a , a key marker in the cryptocurrency's journey towards possible mainstream acceptance.

Warren Buffett on Debt and Donald Trump's Money Moves: Trump 'Never Went Right'

In a piece of advice that continues to hold relevance, investor Warren Buffett once warned students about the perils of excessive borrowing, citing Donald Trump as a case in point.

Warren Buffett's Investing Partner's Shocking Final Move - Ad

Before he passed away, Charlie Munger, Warren Buffett's investing partner of 60 years, was rumored to have quietly made one final investment... Up until now, it has remained hidden from the public. It's potentially the smartest, most profitable, and most under-valued AI investment you can make today.

Tesla's 101x Valuation Raises Alarm As Gordon Johnson Warns Of Sales Slump, Dan Ives Sees AI Upside Despite Elon Musk's DOGE Distractions

Tesla Inc. continues trading at 101 times its 2025 estimated non-GAAP earnings while key metrics decline, prompting GLJ Research's Gordon Johnson to sound alarm on Monday as tech stocks face a significant market correction.

Warning: China Launches AI Attack on America - Ad

China just launched what can only be described as an AI attack on America. And according to Louis Navellier, the legendary investor who picked Nvidia before shares exploded as high as 3,423%... President Trump is already planning a counter attack. And it's creating an incredible opportunity for you in this small group of AI stocks.

Fashion trends for fall: Big shoulders, even bigger coats and a color story to dye for

PARIS (AP) — Paris has spoken, and fashion’s final authority has laid down the law: This coming fall, it’s all about power shoulders, enveloping outerwear, and a color palette that runs from somber to surreal.

Man Who Predicted 2008 Crash Issues Dire Warning: "Get Out of Stocks Now" - Ad

Tech stocks are tanking--Nvidia down 30%, Tesla 50%--and ex-Wall Street CEO Dylan Jovine says it's about to get worse. He predicted the 2008 crash & made 700% gains while the market collapsed. Now, he's moving millions into a billionaire safe haven--and revealing his 4-step strategy. Don't wait!

MSTR Stock Plunges Over 6% In Monday Pre-Market: What's Going On?

The shares of Strategy Inc. (NASDAQ:MSTR) fell 6.1% during the pre-market trading session on Monday following a sharp decline in the price of Bitcoin (CRYPTO: BTC)

Asian shares slip as investors brace for further uncertainty over tariffs, await US jobs report

BANGKOK (AP) — Asian shares were mostly lower on Friday, with Tokyo’s benchmark down more than $2 after a on Wall Street.

Stocks Trigger "Titanic Syndrome" - Ad

The number of stocks moving from all-time highs to making new 52-week lows this month are surging, triggering what traders call "Titanic Syndrome". Today 50-year Wall Street veteran, Marc Chaikin explains exactly what changes you should make to your portfolio today to prepare for more volatility ahead.

Oregon police investigate nighttime gunshots that shattered windows at a Tesla dealership

PORTLAND, Ore. (AP) — Police in Oregon said Thursday they are working with the FBI to investigate gunshots fired at a Tesla dealership overnight in the latest instance of vandalism at one of the company's retail stores.

Tech Legend: "Buy These AI Stocks Before May 21st" - Ad

While everyone is distracted by Trump's tariffs and a potential trade war...There's something much bigger scheduled on May 21st... And it could have huge implications for AI stocks and the market overall. This announcement could end the recent correction... And send these five stocks exploding higher.

What's Going On With SoundHound AI Stock Friday?

SoundHound shares are moving higher on Friday after the company announced it will participate in the 2025 Nvidia GPU Technology Conference.

Why United Airlines (UAL) Stock Is Down 15% This Week

United Airlines shares are trading lower by 15% since Monday's open. The stock is down amid rising trade tensions, higher costs and global uncertainty.

Steve Bannon Accidentally Revealed 'Secret' Trump Plan? - Ad

With one executive order, Trump could dismantle the rigged financial system--and return America to the gold standard. He's been stockpiling gold since 1974... should you? Discover the "Trump Loophole" to move funds from your IRA & 401(k) into gold--tax free!

Tesla Out, Ford In: City Of Baltimore Goes 'In A Different Direction' Reversing EV Deal From 2024

Tesla is losing an EV city fleet deal in Baltimore to Ford. A look at what happened and how politics may have factored into the decision.

The $20 Trillion Secret of Room 3330 - Ad

Developed by the U.S. military 79 years ago, this controversial technology is about to change American life forever: Elon Musk has already funneled $6 billion to resurrect this covert project -- and the companies involved are minting 10,000 millionaires every week [Goldman Sachs].

Trump has begun another trade war. Here's a timeline of how we got here

NEW YORK (AP) — Long-threatened from U.S. President have plunged the country into a trade war abroad — all while on-again, off-again new levies continue to escalate uncertainty.

What should you be doing to "AI-Proof" your retirement? - Ad

AI is creeping into every aspect of our daily lives... According to billion-dollar fund manager Louis Navellier, it's never been more important to AI-proof your wealth. He lays out three simple steps to take ASAP in his new video.

Who is Mark Carney, the next prime minister of Canada?

TORONTO (AP) — Former central banker Mark Carney will become Canada’s next prime minister after a Liberal Party leadership vote in a landslide.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright markethundred.com
Privacy Policy | Terms of Service