I can only imagine because it makes Trump a part of Musk’s success and still in control. Musk does not seem to be a man who needs advise on how to spend his money, especially from someone whose filed bankruptcy many times.
A persistent myth spread by ignorant people.
Donald Trump has never filed for personal bankruptcy. Companies he ran have filed for bankruptcy 4 times.
Aha! you say -- a distinction without a difference. There is where you are wrong. The ability to form corporations, thereby limiting the liability of shareholders, is key to American entrepreneurship. It allows great risk-taking without endangering personal survival. We would not be a strong country without this form of enterprise.
What about the lenders who lost money in these bankruptcies you ask? Well, what about them? They were professional lenders and charged an interest rate which compensated them for a failure rate among their borrowers. Some failure is baked into the system. Were they deceived? No, they were not deceived. No one, no one at all, ever lends hundreds of millions of dollars without doing due diligence and their own assessment of the risks.
The only lender who doesn't do that is the Chinese government lending to the Bidets.