Billionaire Bill Ackman Endorses Trump Amid Turbulent Campaign Rally

Billionaire hedge fund manager Bill Ackman endorsed former President Donald Trump in the Republican rematch against President Joe Biden. This endorsement came shortly after Trump was shot in the ear during a campaign rally. Ackman joins Tesla CEO Elon Musk in expressing support for Trump, who is recovering well.

In a dramatic turn of events, billionaire hedge fund manager Bill Ackman has endorsed U.S. former President Donald Trump in his rematch against President Joe Biden. This endorsement came shortly after Trump was shot in the ear during a campaign rally. Ackman announced his endorsement on the social media platform X, emphasizing that his decision was based on careful and rational considerations.

Ackman's support follows that of Tesla CEO Elon Musk, who also expressed hope for Trump's rapid recovery. Trump was hit in the upper right ear, but his campaign assures he is doing fine. The endorsement marks a significant shift for Ackman, who had previously criticized Trump following the January 6 Capitol attack.

Ackman said he had spent hours with Trump recently and hinted at his decision through various supportive posts on X. Although he did not explain his reasoning in detail, he hinted at providing a comprehensive post in the future. Ackman has a substantial following of 1.3 million on X, and his endorsement adds weight to Trump's campaign ahead of the upcoming election.

(With inputs from agencies.)