Elon Musk, the CEO of SpaceX and Tesla, makes public his preference for Donald Trump as the US Presidential elections approaches close. Musk, who once used to vote Democrat, now is waiting in anticipation of a ‘red wave’ for the country’s survival. It remains vague whether Musk intends to back Trump financially too.

Tesla CEO Elon Musk has dropped hints about favouring Donald Trump as the US Presidential elections comes close. The billionaire businessman has till now maintained that he was not donating any money to either candidate amidst reports of a meeting with the former President (Trump). “I voted 100% Dem until a few years ago. Now, I think we need a red wave or America is toast,” Musk posted on X on Monday.

The SpaceX chief had previously admitted that he had a change of heart after Tesla was barred from the president’s 2021 EV summit. Musk has revealed in no uncertain terms that he voted for Biden in the 2020 election but turned his critic after Tesla was kept away from the president’s 2021 EV summit.

He has also been vocal in his condemnation of the POTUS for his handling of the Southern border issue and blamed the Democrats of being “controlled by the unions”.

It is not clear whether Musk — one of the world’s richest individuals — plans to back Trump financially. During the 2018 midterm election cycle, he had made significant contributions to Republican and Democratic committees supporting candidates for Congress with donations of $33,900 each. “Just to be super clear, I am not donating money to either candidate for US President,” he posted on X earlier in March.

The remark followed a New York Times report that suggested he had met with Trump and a few other ‘wealthy Republican donors in Palm Beach’. According to the anonymous sources quoted by the publication, Trump has been very vocal in his praise of Musk and expressed hope that a one-on-one meeting between him and Musk will happen in the near future.

The former POTUS has been entangled in several legal battles as he makes yet another bid for the top post. On Monday, Trump lost his bid to delay a criminal prosecution stemming from hush money payments made to a porn star, but won a pause in a $454 million judgment in an unconnected civil fraud case. He had failed to secure a bond after being spurned by 30 surety companies and facing swelling expenses from his other legal troubles.