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Trump soon bankrupt? Former President meets with billionaire Musk

2024-03-06T16:05:35.512Z

Highlights: 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.



As of: March 6, 2024, 4:59 p.m

By: Nils Hinsberger

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Press

Split

Trump's criminal trials are costing him a lot of money.

What’s left for the election campaign?

Tesla billionaire Musk should fix it.

Florida – Donald Trump, the Republican presidential candidate, has met with potential financiers for his election campaign.

According to the

New York Times

, Elon Musk, the multi-billionaire and owner of the social media platform X (formerly Twitter), was one of the participants at last weekend's meeting.

Could it be that Trump's assets are not enough for the election campaign?

In addition to Musk, other wealthy Republican donors attended the meeting.

Three anonymous sources said to be involved in the meeting provided the information to The

New York Times

.

They claim that Trump is looking for significant financial support for the US election in November.

Half a billion dollars fine for Trump – money could be missing from the election campaign

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.

Even as a self-proclaimed billionaire, you don't have that much money left over on the side.

Donald Trump is looking for financiers for his election campaign.

He is also said to have asked Elon Musk.

© Jakub Porzycki/IMAGO / NurPhoto

“No one, including Jeff Bezos, Elon Musk and Donald Trump, has five hundred million dollars in savings,” the

Washington Post

quoted Trump’s lawyer Chris Kise as saying.

Nevertheless, Musk could be considered as a possible donor to Trump's election campaign.

When asked by the

Reuters

news agency, Musk did not comment on whether Musk would support Trump in the competition against incumbent President Joe Biden.

Musk shoots against Biden – does the billionaire support Trump?

While Musk keeps quiet about his opinion of Trump, he openly shares his views on Biden on his Platform X.

In his latest post about Biden, he claims that he is flying illegal migrants into the US to vote for him.

“This is treason,” he writes in his post.

His claims are based on a post by Collin Rugg, who regularly shares racist content and is clearly supportive of Donald Trump.

Meanwhile, Trump's prospects for a second term have steadily improved.

On Super Tuesday, the most important day of the primaries, he was able to claim almost all states.

His only competitor, Nikki Haley, has since announced she is withdrawing from the presidential race.

This means that Trump is practically set as the Republican candidate for the presidential election in November.

Current polls by the New York Times and CBS News also show that Trump is well ahead of his rival Joe Biden.

(nhi)

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Editor Nils Hinsberger wrote this article and then used it in an AI language model for optimization at his own discretion.

All information has been carefully checked.

Find out more about our AI principles here.

Source: merkur

All news articles on 2024-03-06

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