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Elon Musk spent more than $250m (£196m) helping Donald Trump win this year’s US election, Sky News’ US partner NBC News reports.

Part of this was said to include a late blitz of advertising from a super PAC into which Mr Musk poured $20m (£15.7m) that claimed Mr Trump did not support a federal abortion ban.

Previously, Mr Trump took credit for the Supreme Court’s overturning of Roe v Wade.

That was only a fraction of Mr Musk’s reported total contribution to the Trump campaign.

He also financed America PAC, a super PAC that reported spending $238m (£186.7m) supporting the president-elect’s race.

The latest campaign finance report shows the billionaire donated $120m (£94m) in the final weeks of the race alone.

This money was said to have been heavily spent on canvassing, text messages, and digital advertising.

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America PAC also ran the controversial $1m (£0.78m) cash giveaway to get voters to sign up for the group’s conservative-leaning petition.

America PAC is one of several major political action committees in the US.

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Such groups can raise and spend unlimited amounts of money in support of political candidates, on the condition that they do not coordinate with their campaigns or give money to them.

Mr Musk is one of Mr Trump’s top donors this election but also one of his most visible, regularly appearing alongside him on the campaign trail, and at Mar-a-Lago.

Mr Trump selected him to advise on government inefficiencies in a new role in his administration.

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Luigi Mangione had handgun, silencer and ‘manifesto’ in backpack during arrest, police say

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Luigi Mangione had handgun, silencer and 'manifesto' in backpack during arrest, police say

Police officers found a handgun, a silencer and a red notebook described as a “manifesto” when they arrested Luigi Mangione.

The 27-year-old was arrested in December 2024 and charged with killing UnitedHealthcare chief executive Brian Thompson in New York City.

Mangione‘s lawyers want to block prosecutors from showing or telling jurors at his eventual trial in Manhattan about statements he allegedly made and items they said police seized from his backpack during his arrest at a McDonald’s in Pennsylvania.

The objects include a 9mm handgun prosecutors say matches the one used in the killing, a silencer, a magazine with bullets wrapped in underwear and a notebook in which they say Mangione described his intent to “wack” a healthcare executive.

Mangione with his attorney. Pic: Reuters
Image:
Mangione with his attorney. Pic: Reuters

The defence contends the items should be excluded because police did not get a warrant before searching Mangione’s backpack.

Prosecutors deny claims Mangione was illegally searched and questioned.

They also want to suppress some statements he made to police, such as allegedly giving a false name, because officers asked him questions before telling him he had a right to remain silent.

Last week, Mangione watched surveillance videos of the killing of Mr Thompson, 50, as he walked to a New York City hotel for his company’s annual investor conference.

Mangione has pleaded not guilty to state and federal murder charges.

The state charges carry the possibility of life in prison, while federal prosecutors are seeking the death penalty.

This week’s hearing concerns only the state case, but Mangione’s lawyers want to bar evidence from both cases.

Read more:
The reality of Trump’s trade war
Paramount launches hostile takeover bid for Warner Bros

In September, a judge dismissed two terrorism counts against Mangione, finding prosecutors had not presented enough evidence Mangione intended to intimidate health insurance workers or influence government policy.

Trial dates are yet to be set in either the state or federal cases.

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Are Trump’s allies behind hostile takeover bid of Warner Bros?

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Are Trump's allies behind hostile takeover bid of Warner Bros?

👉 Follow Trump100 on your podcast app 👈 

A new White House National Security Strategy gives us an insight into how Donald Trump views the world, and the US’s place within it.

Is this America rejecting Europe and uprooting the established world order?

Two massive media companies go head-to-head to buy Warner Bros in a media shake-up that will have a massive impact on the film and TV industry.

The Supreme Court seems poised to expand the president’s powers which could see the structure of the federal government significantly changed.

You can also watch all episodes on our YouTube channel.

Email us on trump100@sky.uk with your comments and questions.

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Paramount launches hostile takeover bid for Warner Bros

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Paramount launches hostile takeover bid for Warner Bros

Paramount has launched a £108.4bn hostile bid for Warner Bros, challenging Netflix, which had reached a $72bn takeover deal with the company.

Paramount said on Monday that it was going straight to Warner Bros Discovery (WBD) shareholders with a $30 per share in cash offer for the entirety of the company, including its Global Networks segment, asking them to reject the deal with Netflix.

On Friday Netflix struck a deal to buy WBD, the Hollywood giant behind “Harry Potter” and HBO Max

The agreement means Warner Bros Discovery's library of film and TV successes including Harry Potter and Game Of Thrones will come under the same roof as Stranger Things and Squid Game.
Image:
The agreement means Warner Bros Discovery’s library of film and TV successes including Harry Potter and Game Of Thrones will come under the same roof as Stranger Things and Squid Game.

The cash and stock deal is valued at $27.75 per Warner share, giving it a total enterprise value of $82.7 billion, including debt.

But Paramount says its deal will pay $30 cash per share, representing $18 billion more in cash than its rivals are offering.

In a statement, Paramount said it was making a “strategically and financially compelling offer to WBD shareholders” and a “superior alternative to the Netflix transaction”.

File pic: iStock
Image:
File pic: iStock

David Ellison, chairman and CEO of Paramount, said: “WBD shareholders deserve an opportunity to consider our superior all-cash offer for their shares in the entire company.

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“Our public offer, which is on the same terms we provided to the Warner Bros. Discovery Board of Directors in private, provides superior value, and a more certain and quicker path to completion.

“We believe the WBD Board of Directors is pursuing an inferior proposal which exposes shareholders to a mix of cash and stock, an uncertain future trading value of the Global Networks linear cable business and a challenging regulatory approval process.

“We are taking our offer directly to shareholders to give them the opportunity to act in their own best interests and maximize the value of their shares.”

Paramount said it had submitted six proposals to WBD in the course of 12 weeks, but that they were never “meaningfully” engaged with.

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