Yeah I thought about that but I just don’t see it - or at least not that way. Elon doesn’t need Truth. They are basically competitors. And Truth was formed in response to the actions of the old Twitter regime. Is there really a market for Truth out there? The landscape has changed. X doesn’t have the restrictions that inspired the need for Truth.
Elon is unpredictable… but has some vulnerabilities. The SEC is after him about whether he disclosed his stake in Twitter before the acquisition (which is silly imho because he paid full price for the balance of the company). DelewRe stripped him of $50 billion. They are after him in many ways about Tesla… he is also an asset though, the government wants SpaceX and his military satellite and they want Tesla for their green new deal. It’s a complicated issue with Musk vs the USA.
It would be “bombshell” news if Elon came out to support Trump in some way. I don’t know exactly what Trump owns or how much equity is in them, but it’s possible something like Trump sells certain properties to Musk, which are put into a trust, where Trump also gets a call option to buy them back within 7 years. So if Trump loses, Musk keeps the property but if Trump wins he gets them back and Musk is made whole. But I’m kind of dreaming…. Who knows.
I also wonder if Trump goes into bankruptcy- that should technically stop all proceedings. Maybe not the look Trump wants to portray at this time but he could use that to his advantage - “look what these evil people forced me to do”.
I look at the Elon thing this way: Elon is on the hoof for 44 billion when he overpaid for Twitter. The 450 million private placement Trump may want to place with him is chump change compared to the 44 billion dollar elephant in his room. It buys him access to Trump if he is elected President and needs a regulatory favor and , who knows, the investment may actually work out for him in the long run