Musk donation: Trump or Biden? US presidential election

Trump met Musk and wealthy Republican donors, sparking rumors of financial support. Musk denies donating to any presidential candidate.

Over the weekend, former President Donald Trump reportedly met with tech giant Elon Musk and other wealthy Republican donors in Florida. The purpose of the meeting was to secure financial support for Trump's upcoming re-election campaign in November 2024.

However, Musk took to Twitter on Wednesday to clarify that he is not donating money to either candidate for the US Presidency. Despite his previous declaration of being politically independent and voting for President Joe Biden in 2020, Musk's recent social media posts suggest opposition to Biden securing a second term.

Reports indicate that Trump is facing financial setbacks from recent judgments in civil fraud and defamation cases, prompting him to seek significant contributors to bolster his campaign funds. Musk's potential financial support for Trump could have provided a counterbalance to Biden's expected financial advantage in the 2024 election, given Musk's substantial net worth of around $200 billion.

It remains unclear if Musk will provide any financial assistance to Trump, as he has not confirmed any donations to either candidate. The meetings with wealthy Republican donors, including Musk, underscore Trump's efforts to secure financial support for his re-election bid, as he prepares to face off against potential challengers in the upcoming presidential election.