Trump asked Elon Musk if he wanted to buy Truth Social
Source: Washington Post
March 12, 2024 at 7:00 a.m. EDT
Former president Donald Trump asked Elon Musk last summer whether the billionaire industrialist would be interested in buying Trump’s social network Truth Social, according to two people with knowledge of the conversation.
The overture to Musk, whose business empire includes SpaceX, Tesla and the social networking site X, did not lead to a deal. But the conversation, which has not been previously reported, shows the two men have communicated more than was known. The two have had other conversations, too, Trump advisers say, about politics and business.
Among their conversations was a meeting earlier this month in Palm Beach, Fla., where Trump met with Musk and a few high-powered Republican donors, the people said. The subject of that discussion is not clear but, after it was first reported by the New York Times, which noted that the meeting happened while Trump was looking for campaign contributions, the billionaire wrote on X that he is “not donating money to either candidate for US President.”
Musk, the world’s second-richest man, has increasingly voiced support for conservative ideology on X, including echoing Trump’s unverified claims that the Biden administration is, as Musk wrote last week, “importing voters and creating a national security threat from unvetted illegal immigrants.”
Read more: https://www.washingtonpost.com/technology/2024/03/12/trump-musk-truth-social-sale/
No paywall (gift)
= new reply since forum marked as read
a hot pile of garbage. 
He is having his own financial issues at the moment -
Bank group discussed options to make debt less risky to hold
Talks with tech billionaire cooled earlier this year
By Gillian Tan
March 4, 2024 at 2:45 PM EST
A bank group spearheaded by Morgan Stanley held discussions with Elon Musk and his team about refinancing a roughly $12.5 billion debt package that supported the tech billionaire’s take-private of the social media platform X, according to people with knowledge of the matter.
In talks that faltered earlier this year, certain banks and Musk’s team explored options to strengthen the debt package, said the people, who asked not to be identified discussing confidential talks. The parties discussed options that could reduce the cost of the debt and make it less risky for banks to hold, one of the people said.
A group of seven banks, led by the New York-based lender, has been stuck holding the debt since 2022. They’ve repeatedly renewed an agreement not to individually offload their holdings, with the goal of coordinating a sale when X — formerly known as Twitter — is on firmer financial footing with stable advertising revenues, subscription growth and further traction from a planned peer-to-peer payments platform, one of the people said.
Representatives for X and Morgan Stanley declined to comment.
(snip)
https://www.bloomberg.com/news/articles/2024-03-04/banks-stuck-with-x-debt-held-refinancing-talks-with-elon-musk?srnd=technology-vp&sref=M8H6LjUF
(i.e., they are more alike than different)
I wonder how he's doing? Soon to be unemployed perhaps? 
He's apparently following the Tate Brothers!
Link to tweet
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10:33 PM · Mar 11, 2024
