politics
![Get the latest news on Elon Musk and Donald Trump's meeting. Explore the political dynamics and fundraising strategies involved.](https://thepoliticalinsider.com/wp-content/uploads/2024/03/Untitled-design-2024-03-06T124640.148-1120x630.png)
Billionaire and X owner Elon Musk originally endorsed Ron DeSantis for president, but the Florida governor subsequently dropped out of the Republican primary.
Donald Trump hasn't been on
The two reportedly met on Sunday.
RELATED: Elon Musk: Biden Wants Illegal Immigration Because 'It Brings in as Many Votes as Possible'
When Worlds Collide – Elon Musk Meets Trump
The Guardian reported, “Donald Trump met with billionaire Elon Musk in Florida last weekend,” and “The New York Times reported that the former Republican president is seeking a massive cash injection for his re-election campaign.”
President Trump met with Musk, one of the world's richest people, and a number of wealthy Republican donors on Sunday, and hopes to hold one-on-one discussions with Musk, the CEO of Tesla Inc and SpaceX, soon, according to the Times. , and is the owner and executive chairman of X, a social media platform formerly known as Twitter.”
The story continued:
Trump, whose personal fortunes have been hit by a recent verdict against him in a New York civil fraud case and a separate defamation trial, is aiming to line up additional key contributors to his presidential campaign, the Times said.
Musk has not said whether he plans to support Trump financially, but the South African-born billionaire entrepreneur suggested in social media posts that he opposes incumbent President Joe Biden, who defeated Trump in 2020 and won re-election in November.
Musk has long tried to present himself as politically independent, but he previously said he voted for Biden in 2020. But since then he has criticized the president and clashed with the administration.
The Guardian added, “Last year, Musk said he would never vote for Biden again and, as the Times reported, has made it clear that defeating the president is his top priority.”
Forbes magazine put his net worth at around $200 billion. If he wanted to, Elon Musk could provide a huge financial advantage to any candidate he wants, including Trump.
But soon after the pair's meeting was reported, some people around Musk said he was interested in seeing Biden lose, but the billionaire said he would not donate to either presidential candidate.
RELATED: CNBC Host Visibly Annoyed at Pete Buttigieg Claims Border Crisis Isn't Biden's Fault: 'Did you see 7.2 million people coming under Trump?
Despite his strong voter support, Trump is running out of cash
The Guardian said, “According to financial disclosures filed last month, President Trump’s cash reserves have decreased from about $33 million a month ago to just over $30 million as he runs a successful Republican primary campaign,” the Federal Election Commission said. his campaign stated in a report submitted to the FEC. .”
If you look at the current opinion poll numbers, it is a race for Donald Trump to lose.
But money is important. Voting is important. This could be a big problem if Elon Musk decides to do it too.
In any case, it's sure to be a rough ride in November.
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