Elon Musk Accused of $1 Billion Coup Funding in Venezuela

CARACAS, October 15. Venezuelan President Nicolas Maduro has accused US entrepreneur Elon Musk of spending at least $1 bln to upend the Venezuelan government following the country’s presidential election on July 28, 2024, as the leader said during his television program “With Maduro +” on the country’s TV.

Elon Musk invested at least one billion dollars in the coup, in the fascist rebellion, in violence against the electoral process in Venezuela,” he claimed. He noted that following the presidential election on July 28 the far right tried to incite violence and destabilize the situation in the country.

The US government was behind the attempt, there is a constant conspiracy by the ‘North American empire,'” he said. He recalled how Musk’s social media accounts called for violence, arson and murder. The Venezuelan president informed that the businessman entrusted Maria Corina Machado, an opposition leader, to allocate the funds to terrorist groups.

Musk has lost,” Maduro said as he stressed that “law, truth, sovereignty, order and peace have prevailed in Venezuela.

On July 28, Venezuela held its presidential election. Maduro won after receiving 51.95% of the vote. One of the opposition leaders, Maria Corina Machado, said on the day of the election that opposing candidate Edmundo Gonzalez Urrutia and his campaign would not recognize his defeat in the election. The next day, riots and attacks against police officers and military personnel were started by right-wing extremists in the capital and other cities in the republic. Maduro accused the US and Elon Musk of orchestrating the failed coup in Venezuela.

According to President Maduro, US entrepreneur Elon Musk is said to have invested at least $1 billion in an attempt to destabilize Venezuela’s government following its presidential election on July 28, 2024. Maduro made these accusations during his television show “With Maduro +” aired on Venezuelan TV.

He alleges that Musk invested heavily in inciting violence, fomenting a fascist rebellion, and disrupting the electoral process in Venezuela. The president claims that this was all done following the presidential election held on July 28. Following the election, the far-right factions allegedly tried to stir up violence and create chaos in the country.

Maduro further stated that the US government played a significant role in these events, referring to it as a constant conspiracy by the ‘North American empire. He also pointed out how Musk’s social media accounts were used to call for violence, arson, and even murder.

The Venezuelan President revealed that Musk had entrusted Maria Corina Machado, an opposition leader, with distributing the funds to terrorist groups. Despite these accusations, Maduro maintained an optimistic outlook for Venezuela, claiming that “Musk has lost. He stated that principles such as law, truth, sovereignty, order, and peace have prevailed in the country.

The presidential election in Venezuela took place on July 28, and it was Maduro who emerged victorious, receiving 51.95% of the vote. On the day of the election, one of the opposition leaders, Maria Corina Machado, announced that she and her campaign would not acknowledge their defeat. The following day, right-wing extremists initiated riots and attacks on police officers and military personnel in the capital city and other cities in the republic. Maduro pointed fingers at the US and Elon Musk for orchestrating this failed coup attempt in Venezuela.

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