Trump meets with Musk in search of resources, says newspaper

Donald Trump met with billionaire Elon Musk in Florida (USA) over the weekend, according to the New York Times (NYT). The newspaper pointed out that the meeting took place at a time when the former Republican president is seeking resources for his re-election campaign for the presidency of the United States.

For those in a hurry:

  • Donald Trump, former president of the United States, met with billionaire Elon Musk and Republican donors in Florida over the weekend as he raised financial support for his presidential re-election campaign, according to the New York Times;
  • The meeting indicates Trump's search for new contributors in the face of financial challenges in his campaign. Musk, known for his criticism of the Biden administration and shifting political stances, has not yet confirmed explicit support for the Trump campaign;
  • Elon Musk, who voted for Biden in 2020, has been critical of his administration and faced accusations of indifference to anti-Semitism from the White House, which classified one of his tweets as “abhorrent”;
  • While the Trump campaign faces a decrease in its financial reserves, with just over US$30 million (R$150 million) available, the Biden campaign shows an increase in its reserves, with around US$56 million (R$280 million ).

According to the NYT, Trump met with Musk and several wealthy Republican donors on Sunday (03) and hopes to have a one-on-one discussion soon with Musk, CEO of Tesla, SpaceX, and owner of X (formerly Twitter). Neither Musk nor the Trump campaign responded to Reuters' requests for comment.

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Trump and Elon Musk campaign

Portrait style photo of Donald Trump
(Image: Isac Nóbrega/PR)

Trump's campaign, which has faced recent financial challenges due to legal judgments against him, aims to secure more contributors to bolster his return to the presidential election. Musk, whose political stance has been mixed, has hinted on social media at his opposition to Joe Biden's re-election, although he has not explicitly confirmed his financial support for Trump.

Although Musk voted for Biden in the 2020 election, he has criticized the president and confronted his administration ever since. The White House even classified a tweet by Musk as “abhorrent,” accusing him of indifference to anti-Semitism, while Musk's mother criticized Biden for obstructing her son's philanthropic efforts.

(Image: photossince/Shutterstock)

Musk, with an estimated net worth of around US$200 billion (approximately R$1 trillion), has the potential to significantly influence the financial advantage in the 2024 general election campaign against Biden. To date, Trump's campaign finances have shown dwindling cash reserves, with just over US$30 million (R$150 million) available after the Republican primaries.

In contrast, Biden's campaign reported an increase in cash reserves, ending January with around US$56 million (R$280 million), strengthening its position for the less competitive race for the Democratic nomination.

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