Elon Musk Reveals He Won’t Donate To ‘Either Candidate’ Following Secret Trump Meeting
Source: Radar Online, Peter Helman
Photo: MEGA
Elon Musk announced that he will not donate to President Joe Biden or former President Donald Trump after a secret meeting fueled speculation that the tech billionaire could bankroll Trump’s cash-strapped campaign, RadarOnline.com has learned.
“Just to be super clear, I am not donating money to either candidate for US President,” Musk wrote in a statement on X, formerly Twitter, on Wednesday.
A secret meeting between Elon Musk and Donald Trump in Florida fueled that the Tesla CEO could bankroll the former president’s cash-strapped campaign.
Musk’s clarification comes a day after the New York Times reported that the Tesla CEO met with Trump and a small group of wealthy Republican donors in Palm Beach on Sunday.
While President Biden’s 2024 re-election campaign continues to successfully raise tens of millions of dollars, Trump is desperately seeking a cash infusion after spending $50 million in legal fees and facing fines of over $454 million due to court judgments in New York that have left his campaign’s war chest all but depleted.
Former President Donald Trump’s campaign is desperately seeking a cash infusion due to mounting legal fees.
Although Musk has said he will not donate directly to the Trump or Biden campaigns, he did not explicitly rule out donating to a political action committee or fund benefiting one of the candidates – which could free him from the legal limits governing direct contributions.
Musk, one of the world’s richest men with an estimated net worth of nearly $200 billion, has generally refrained from large campaign donations in the past but become more politically vocal in recent years, seemingly shifting to the right of the political spectrum.