Former US President Donald Trump was interested in selling his social network Truth Social to entrepreneur Elon Musk.

This was reported by The Washington Post.

According to journalists, negotiations on this issue were held in the summer of 2023, but the agreement was never concluded.

Musk is the owner of the social network X (formerly Twitter). Trump was a user before being blocked in 2021. After that, he founded his own social network, Truth Social.

In April, Trump said in a financial filing for his presidential bid that his 90 percent stake in Trump Media is worth between $5 million and $25 million and that his profit from it is less than $200.

Musk once disparaged Truth Social, writing in 2022 that Trump’s site had a “terrible name.”

It was previously reported that Donald Trump met with billionaire Elon Musk and several Republican donors in Florida to raise money for his election campaign.