Donald Trump, seeking cash infusion, meets with Elon Musk

Donald Trump, seeking cash infusion, meets with Elon Musk

The New York Times reports:

Donald Trump, who is urgently seeking a cash infusion to aid his presidential campaign, met on Sunday in Palm Beach, Fla., with Elon Musk, one of the world’s richest men, and a few wealthy Republican donors, according to three people briefed on the meeting who spoke on the condition of anonymity to describe a private discussion.

Mr. Trump and his team are working to find additional major donors to shore up his finances as he heads into an expected general election against President Biden. Mr. Trump has praised Mr. Musk to allies and hopes to have a one-on-one meeting with the billionaire soon, according to a person who has discussed the matter with Mr. Trump.

It’s not yet clear whether Mr. Musk plans to spend any of his fortune on Mr. Trump’s behalf. But his recent social media posts suggest he thinks it’s essential that Mr. Biden be defeated in November — and people who have spoken to Mr. Musk privately confirmed that is indeed his view.

With a net worth of around $200 billion, according to Forbes, Mr. Musk could decide to throw his weight behind Mr. Trump and potentially, almost single-handedly, erase what is expected to be Mr. Biden and his allies’ huge financial advantage over the former president. [Continue reading…]

Comments are closed.