Former Zillow Execs Target $1.3T Market

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Justice Department Flags Potential Legal Issues With Elon Musk-Backed $1M Voter Giveaway: America PAC Hits Back -- Media Meltdown Only Helping 'Efforts To Support President Trump'

Benzinga Neuro
October 23, 2024

The Justice Department has issued a warning to Elon Musk-founded political action committee (PAC), America PAC, over its cash giveaways to registered voters.

What Happened: The Justice Department expressed concerns that the PAC’s cash incentives to registered voters who sign a petition could potentially infringe federal law, reported The Wall Street Journal. The PAC, backed by Musk, has been offering registered voters in Pennsylvania and six other key states a chance to win $1 million by signing a petition supporting the rights to free speech and firearms.

The Justice Department’s letter suggested that the PAC’s payments could violate federal law against knowingly or willfully paying individuals to register to vote in election contests with federal candidates. The same law also criminalizes paying people to vote.

Despite the warning, the America PAC insists that its cash prizes are lawful. “The PAC is confident in the legality of this initiative and the predictable media meltdown is only helping America PAC's efforts to support President Trump,” an America PAC representative stated earlier this week.

Three registered voters in Pennsylvania and one in North Carolina have already won seven-figure prizes. The PAC plans to continue daily lotteries through Election Day, open to both newly registered voters and those already on the rolls.

See Also: Trump Leads Harris — Ex-President Improves Polling Averages In These 2 Key Battleground States, Poll Shows

Why It Matters: The cash giveaway initiative by Musk’s PAC has been a subject of controversy since its inception. Election law experts had raised serious legal questions about the initiative. The report highlighted that only registered voters supporting the First and Second Amendments were eligible for the daily prize.

Earlier, billionaire entrepreneur Mark Cuban had questioned the legality of Musk’s daily $1 million PAC giveaway. The same day, Rep. Alexandria Ocasio-Cortez (D-N.Y.) criticized Musk and Donald Trump for their actions, which she perceived as belittling the working classes.

“When you have a billionaire, just dangling a million bucks to those of us and many of us who are struggling to make ends meet, if they dance for him…,” she said.

Image via Wikimedia Commons

Check This Out:

  • Lawmakers Made Huge Investments This Year. Get Tips On What They Bought And Sold Ahead Of The 2024 Election With Our Easy-to-Use Tool

This story was generated using Benzinga Neuro and edited by Shivdeep Dhaliwal

Continue Reading...

Popular

Mark Cuban Reacts to Elon Musk-Donald Trump Feud

The escalating public feud between Elon Musk and President Trump has prompted a response from Mark Cuban.

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

White House Unveils New Portrait Of President Donald Trump Amid Criticism Over Self-Promotion

The White House released a new portrait of Donald Trump, sparking debate over the use of official imagery for political purposes.

CoreWeave, Nvidia, Wells Fargo, CrowdStrike, Robinhood: Why These 5 Stocks Are On Investors' Radars Today

U.S. stock markets ended the day in the green, with the Nasdaq climbing more than 150 points, up 0.8% to 19,398.86. The S&P 500 advanced 0.58% to finish at 5,970.37, while the Dow Jones Industrial Average added 0.5%, closing at 42,519.64.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

Takeaways from AP's report on the business interests of Trump's surgeon general pick

PROVIDENCE, R.I. (AP) — President Donald Trump’s pick to be U.S. surgeon general has repeatedly said the nation’s medical and food systems are corrupted by special interests and people out to make a profit at the expense of Americans’ health. Yet as has criticized scientists, medical schools and regulators for taking money from the food and pharmaceutical industries, she has promoted dozens of products in ways that put money in her own pocket.

Is Elon's Empire Crumbling? - Ad

Jeff Brown - the legend who called Tesla and Nvidia early - says Elon is about to launch a $25T AI revolution. This isn't another chatbot. It's real-world AI that could 14X the impact of ChatGPT. But after July 23rd, it may be too late.

London-bound Air India flight with more than 240 aboard crashes after takeoff from Ahmedabad, India

AHMEDABAD, India (AP) — Ahmedabad’s city police commissioner says there don’t appear to have been any survivors from an Air India airliner that crashed, and that there are likely also casualties from the area of the city where it went down.

Gold Just Hit Another Record. This Junior Could Be Next. - Ad

This copper junior was the smallest company invited to a top global mining conference. With nearly 1B pounds CuEq and 50,000m of funded drilling, this story won't stay quiet for long.

Trump promised to welcome more foreign students. Now, they feel targeted on all fronts

To attract the brightest minds to America, President Donald Trump proposed a novel idea while campaigning: If elected, he would grant green cards to all foreign students who graduate from U.S. colleges.

Lambda Legal, a nonprofit supporting LGBTQ+ rights, exceeded fundraising goal by $105M

NEW YORK (AP) — The nonprofit legal aid group Lambda Legal, which advocates for LGBTQ+ rights, has raised $285 million at a time when have again intensified

Trump's $500B Plan Is Fueling These Monthly Dividends - Ad

Just 24 hours after Trump returned to office, he signed a secretive document tied to a $500 billion income loophole. It's now fueling monthly payouts like $1,125... $1,792... even $4,290 - regardless of market direction. No stock picking. No timing. Just steady, automatic income.

Ericsson, Supermicro Partner To Bring 5G-Powered AI To Factories, Retail And Hospitals

Ericsson and Super Micro announce strategic collaboration to accelerate Edge AI deployment. Super Micro stock down 45%, Ericsson up 38% in past year.

Trump-Musk Feud Gets Ugly: ETFs Exposed With Tesla Caught In The Crossfire

ETFs with high exposure to Tesla could be risky due to political tensions between Musk and Trump. TSLA stock plummeted and could impact ETFs.

Why BlackRock is Hoarding 6X More Bitcoin Than Miners Produce - Ad

A Bitcoin supply shock is building. Institutions and ETFs are buying faster than miners can keep up - creating a shortage most investors haven't noticed. If Bitcoin hits $300K, altcoins could explode 1,000%+. We wrote Crypto Revolution to help you prepare.

Chuck Schumer Wants Siri To Play 'Bad Blood' As Elon Musk, Donald Trump Feud Each Other — Mike Johnson Sings A Hawkish Tune

The escalating feud between Elon Musk and Donald Trump has sparked reactions from political leaders, with figures like Chuck Schumer and Mike Johnson weighing in as the conflict threatens to impact both the GOP and Musk's business empire.

Apple Hardware Executive Says iPhone Maker Plans To Use AI For Speeding Up Custom Chip Design: 'High Potential In Getting More Design Work In Less Time'

Apple's top hardware executive Johny Srouji said the company plans to use generative AI to accelerate custom chip design, calling it a major productivity boost and highlighting Apple's bold, no-backup transition to Apple Silicon.

The Father-Son Duo Revolutionizing Homebuilding - Ad

Paolo and Galiano Tiramani founded BOXABL with a disruptive idea: bring factory efficiency to homebuilding. Today, new homes can roll off their assembly lines in ~4 hours - with 700+ built already. Now, they're prepping for Phase 2, combining modules into larger homes and apartments.

Will Rising Stars Circle, CoreWeave Perform Like Past IPO Winners Reddit, Astera Labs?

CoreWeave saw a massive rally following its late March debut and Circle I burst onto the scene last week with its successful IPO. 

Taiwan adds China’s Huawei and SMIC to export control list

TAIPEI, Taiwan (AP) — Taiwan’s Commerce Ministry has added Chinese chipmakers Huawei Technologies and Semiconductor Manufacturing International Corp (SMIC) to its export control list, as trade and technology frictions between the self-ruled island, China and the United States increase.

"Work Is the New Retirement"-Don't Let That Be You - Ad

Social Security's failing. Inflation's rising. And retirees are being forced back to work. That's why I created a new strategy: "AI Royalties." Backed by Trump's $500B plan, it's helping Americans collect up to $4,290/month in second retirement income. My short video explains how.

Walmart Shoppers See Sharp Price Hikes as Tariffs Hit Shelves

Walmart employees and shoppers now report price hikes hitting the shelves and their wallets. 

Elon Musk Recently Said 'Yes' To Impeaching Trump And The Odds Of That Happening In 2025 Rose On This Crypto Betting Market

The odds that President Donald Trump would be impeached this year saw a spike on Polymarket after tech mogul Elon Musk backed a call to remove him from office. 

Former Zillow Execs Target $1.3T Market - Ad

One co-founded Zillow. The other sold his company to Zillow for $120M. Now they're transforming a $1.3T market via co-ownership. Pacaso's already earned $110M+ in gross profit and reserved the Nasdaq ticker PCSO.

Musk vs. Trump: Tesla Slashes Cybertruck Prices After Feud Heats Up, Here's How Much You Need To Pay for It Now

In the wake of the public disagreement between Elon Musk and President Trump, Tesla has declared significant price reductions for its Cybertruck model.

Snack Wrap unwrapped: Here's why McDonald's is bringing back a fan favorite on July 10

If ever doubted it needed to bring back the Snack Wrap, consider this: Nine years after the fast-food powerhouse the item in the U.S., customers have continued to order it .

How To Build a Home in Nearly 4 Hours - Ad

The U.S. is short 2.3M homes, making affordable, efficient housing critical. BOXABL brought assembly lines to construction, building homes in hours, not months. With 700+ built and one of America's largest homebuilders as an investor and partner, they're growing fast.

Klotho Neurosciences, AMD, Strategy, Circle Internet Group, And Tesla: Why These 5 Stocks Are On Investors' Radars Today

U.S. stocks experienced a mixed session today, with the Dow Jones Industrial Average unchanged at 42,761.76 and the S&P 500 moving nearly 0.1% higher at 6,005.88. The Nasdaq rose 0.3% to 19,591.24 on Monday. These are the top stocks that gained the attention of retail traders and investors throughout the day:

Judge puts temporary hold on Trump's latest ban on Harvard's foreign students

WASHINGTON (AP) — A federal judge on Thursday temporarily blocked a proclamation by President Donald Trump that banned incoming foreign students from entering the U.S. to attend Harvard University.

A Better Hedge Than Gold? - Ad

While the whole world is piling into gold as a hedge... White House documents reveal Trump is betting big on a completely under-the-radar resource. This little-known resource is minting 1,600 millionaires every single day... And investors have a rare opportunity to take advantage before everyone else catches on.

Federal judge blocks Trump's firing of Consumer Product Safety Commission members

BALTIMORE (AP) — A federal judge has blocked the terminations of three Democratic members of the Consumer Product Safety Commission after they were fired by President Donald Trump in his effort to assert over independent federal agencies.

22 crew members safe after fire aboard cargo ship carrying electric vehicles off Alaska

ANCHORAGE, Alaska (AP) — The crew of a cargo ship carrying 3,000 vehicles to Mexico, including 800 electric vehicles, abandoned ship after they could not control a fire in waters off Alaska's Aleutian island chain.

How high will Bitcoin go in 2025? - Ad

A new coin is emerging in the crypto bull market. Investing now could be like buying Bitcoin in 2013. Before it took off. Or scooping up Ethereum in 2017.. before it soared.

Film festival showcases what artificial intelligence can do on the big screen

NEW YORK (AP) — 's use in movie making is exploding. And a young film festival, now in its junior year, is showcasing what this technology can do on screen today.

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 trendadvisor.net
Privacy Policy | Terms of Service