A bombshell new report has revealed that Donald Trump wanted to sell Truth Social and that he specifically wanted X CEO Elon Musk to buy it from him. This report came as the judge in the E. Jean Carroll defamation case approved the $92 million bond that Trump was forced to pay so he could appeal the ruling against him.

The report came from The Washington Post, citing two people who were knowledgeable about the conversation between Musk and the former president as the source of the information. However, WaPo did point out that despite the conversation, it did not lead to a deal that had Trump sell Truth Social to Musk.

The report also revealed that Trump and Musk have been communicating with one another more than what was previously known. The two also had more conversations other than the Truth Social sale, though, and these included other topics such as politics and business.

Donald Trump and Elon Musk reportedly had another conversation earlier this month in Palm Beach, Florida, where he not just met with the X CEO, but also with other high-powered Republican donors. The subject of their discussion was not immediately clear but it was noted that Trump was looking for campaign contributions.

However, Musk has recently announced that he is "not donating money to either candidate for US President." This announcement came shortly after reports that he met with Trump came out. The tech billionaire has recently started leaning right and has slowly started spreading conservative ideology on the platform previously called Twitter, including a few conspiracy theories that landed him in hot water.

WaPo tried to ask both Musk and the Trump Media & Technology Group regarding the supposed attempted sale of Truth Social. Musk stated that he had "never been to Mar-a-Lago," while Trump Media did not address the rumor but attacked the outlet instead.

Donald Trump's Truth Social Was Facing Financial Trouble

Before Trump met with Elon Musk in an effort to sell him Truth Social, the Trump-owned social media platform was in a dire financial situation. It was pointed out that the former president has a 90% stake in the platform but his income from it was less than $200.

However, as The Independent noted, things might not be so bad for Truth Social, as the SEC has already given the green light to a merger with Digital World Acquisition Corp, a special purpose acquisition company. It would likely save Truth Social and improve the former president's financial situation as he faces mounting legal fees with his recent court losses.

Donald Trump's $92 Million Bond in E. Jean Carroll Defamation Case Approved by Judge

Meanwhile, as Trump faces more financial losses thanks to his myriad of court cases, a New York judge has just approved the approximately $92 million bond he had to pay so that he could appeal E. Jean Carroll's victory against him in that high-profile defamation case against him.

According to the Associated Press, that bond ensures that Carroll will receive a jury award for his verbal attacks against her, even if Trump appeals. Carroll was granted $83.3 million last January after a jury found Trump liable for defaming her.

This article is owned by Latin Post.

Written by: Rick Martin

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