Elon Musk Meets with Donald Trump: Speculation Abounds About Potential Campaign Financing

2024-03-06 04:57:05

A meeting between billionaire Elon Musk and former US President Donald Trump raises speculation about the former’s possibility of financing the latter’s campaign to return to the White House.

The meeting was held in Palm Beach, Florida, on Sunday, in the presence of a small number of wealthy Republican donors, according to the American New York Times.

Trump is actively seeking to raise funding to boost his potential presidential campaign, and Musk, CEO of Tesla, is currently considered the second richest man in the world, with a fortune estimated at about $200 billion.

The former president particularly praised Musk in front of his allies, which may prompt him to seek a one-on-one meeting soon, according to the sources.

It is worth noting that Musk recently criticized President Joe Biden’s immigration policies, and also criticized the US administration’s agenda. However, the relationship between Musk and Trump had previously been somewhat turbulent.

In the same context, Musk did not spend heavily on politics, but he had made previous donations to both Republicans and Democrats, including former President Barack Obama.

In return, his companies, Tesla and SpaceX, benefited from federal government contracts and subsidies.

However, it seems that Musk has been leaning more towards the Republican Party in recent years, due to the Biden administration’s disdain for Tesla in 2021, after ignoring his invitation to a summit on electric cars.

It is still unclear whether Musk will provide financial support to Trump’s campaign, but his conversations with him raise a lot of speculation about his future path in the American political scene.

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