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Is Trump running out of money? Elon Musk is said to be financing his presidential candidacy

2024-03-07T02:55:43.044Z

Highlights: Is Trump running out of money? Elon Musk is said to be financing his presidential candidacy. Trump is looking for strong financial support for his campaign for the US election. Musk was considered a supporter of Republican candidate Ron DeSantis, whose announcement of the candidacy race he even broadcast live on his Platform X. In a post on the social media platform X (formerly Twitter), Elon Musk commented on speculation that he could support Donald Trump in his election campaign. “Just to be clear, I am not donating money to either candidate for president,” Musk said.



As of: March 7, 2024, 3:47 a.m

By: Nils Hinsberger

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Is Trump running out of money?

In order to finance his campaign for the US elections, Trump is looking for potential donors - and knocks on Elon Musk's door.

Update from March 6th, 5:06 p.m.:

In a post on the social media platform X (formerly Twitter), Elon Musk commented on speculation that he could support Donald Trump in his election campaign.

“Just to be clear, I am not donating money to either candidate for president,” Musk said.

In doing so, he rejected Trump from financing his election campaign.

Musk was considered a supporter of Republican candidate Ron DeSantis, whose announcement of the candidacy race he even broadcast live on his Platform X.

However, DeSantis announced his resignation in January.

He wants to support Trump.

Trump meets with possible donors for his election campaign

First report

: Florida – The Republican and candidate for US President, Donald Trump, has met with possible donors for his election campaign.

Last weekend he is said to have met with the multi-billionaire and owner of the social media platform X (formerly Twitter), Elon Musk, reported the

New York Times

.

Is the ex-president's fortune no longer enough for the election campaign?

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

Three unnamed people who were said to have been involved in the meeting passed the information on to the

New York Times

.

Accordingly, Trump is looking for strong financial support for his campaign for the US election.

Court cases cost Trump over half a billion dollars

It is reasonable to assume that the ex-president's finances are not doing particularly well.

The reason for this could be the massive fines that Trump was sentenced to pay.

Trump was fined $464 million in the New York fraud trial in which Trump was accused of inflating the assets of his real estate empire.

Not a small sum even for the self-proclaimed billionaire.

Especially since he already has to pay $83 million to the plaintiff in the libel trial surrounding the author E. Jean Carroll.

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 on the table,” Trump’s lawyer Chris Kise was quoted as saying by the 

Washington Post

 .

And yet Musk is considered a potential donor to Trump's election campaign.

When asked by the

Reuters

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

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Does Elon Musk support Trump?

Tesla founder speaks out against US President Biden on X

Musk leaves his opinion on Trump open about what he thinks of Biden, but the Tesla founder is only too happy to express it on his Platform X.

In his most recent post about Biden, he accuses him of flying illegal migrants to the USA so that they can vote for the president.

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

The reason for his allegations is a post by Collin Rugg.

He regularly shares racist posts and is clearly committed to Donald Trump.

Meanwhile, Trump's chances of a second term in office have continued to increase.

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

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

This means that Trump is virtually confirmed as the Republican candidate for the presidential election in November.

Recent polls by the 

New York

 Times and 

CBS News

have also shown that Trump is well ahead of his opponent Joe Biden.

(nhi)

Source: merkur

All news articles on 2024-03-07

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