Trump soon bankrupt? Former President meets with billionaire Musk. Trump is looking for significant financial support for the US election in November.

Signs suggest that Trump is in a difficult financial situation. This could be due to the huge fines he was sentenced to pay. He was fined $464 million in the New York fraud case in which Trump was accused of overstating the assets of his real estate empire. He also has to pay $83 million to the plaintiff in the libel case against author E. Jean Carroll.