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Move Over, Murdoch. Musk's Huge Fortune Makes Him Political Kingmaker

  • DeSantis set to announce campaign on Twitter Spaces with Musk
  • Musk hasn’t traditionally been a big political donor
Bloomberg business news
DeSantis Joins Presidential Race in Challenge to Trump

Ron DeSantis’s plan to announce his 2024 presidential campaign in a Twitter conversation with Elon Musk shows how the world’s second-richest person is increasingly inserting himself into US politics, setting him up as a leading powerbroker for the 2024 race.

The Florida governor, who filed paperwork Wednesday to officially enter the 2024 race, is viewed by many Republicans as the most likely to defeat former President Donald Trump. But DeSantis has struggled in recent months — trailing in the polls against Trump, failing to rack up endorsements and coming off second-best in his battle with Walt Disney Co.