In a clandestine gathering in Florida, former President Donald Trump convened with Tesla’s iconic CEO, Elon Musk, and affluent Republican backers during the weekend, aiming to secure a substantial financial boost for his upcoming re-election bid, as reported by The New York Times on Tuesday.
The Times, citing three individuals briefed on the private meeting in Palm Beach, revealed that Trump engaged in discussions with Musk and select wealthy Republican donors on Sunday. The former president is reportedly keen on arranging a one-on-one conversation with Musk, who holds leadership positions at Tesla Inc, SpaceX, and serves as the owner-executive chairman of X, the revamped social media platform previously known as Twitter.
While neither Musk nor Trump’s campaign has responded to Reuters’ requests for comments, the closed-door meeting is believed to be part of Trump’s efforts to secure major contributors for his presidential campaign. Facing recent financial setbacks due to judgments in a New York civil fraud case and a defamation trial, Trump is actively seeking a robust financial backing to strengthen his political resurgence.
Despite his net worth facing recent challenges, Trump’s collaboration with Musk, whose estimated net worth surpasses $200 billion according to Forbes, could potentially counterbalance the considerable financial advantage that President Joe Biden and his supporters are expected to wield in the 2024 general election campaign.
Musk’s political stance remains uncertain in terms of supporting Trump’s White House bid financially. While the South African-born entrepreneur has not explicitly declared his financial backing, his social media posts suggest a reluctance towards incumbent President Joe Biden, the Democrat who secured victory over Trump in the 2020 election.
Known for presenting himself as politically impartial, Musk, as reported by the Times, has historically refrained from heavy financial involvement in presidential races, evenly distributing donations between both Democratic and Republican candidates. The secretive meeting between Trump and Musk raises intriguing questions about potential collaborations and financial backing in the upcoming political landscape.