Will Elon Musk come to Donald Trump’s rescue as former US president grows desperate for election campaign cash?
- Musk attended a breakfast for billionaires in Florida last month where Trump pitched a group of donors
- The Tesla boss said he was ‘leaning away’ from Biden, but he has not yet openly backed the Republican, who is burdened with millions of dollars in legal troubles

Elon Musk, one of the world’s richest people, says he will not directly back Joe Biden or Donald Trump in the US election – but one look at his X feed makes clear his heart is with the Republican.
Trump, meanwhile, needs cash – burdened with millions of dollars in legal troubles, he is also gearing up to fight what will be the most expensive election in US history.
So could Musk ride to Trump’s rescue?
In a recent interview with former CNN anchor Don Lemon, the owner of X, formerly Twitter, said he was “leaning away” from Biden, but maintained that it was “unlikely” he would contribute to any campaign.
If he chose to back a candidate, “I will provide a very detailed explanation of why I am endorsing one or the other.”
For close Musk watchers, however, this seemed to edge away from a firm pledge days earlier to stay above the fray.