Hedge fund billionaire Bill Ackman, who has crusaded against DEI policies and antisemitism on college campuses, is likely to endorse Trump as well, the Financial Times reported Thursday.

• Blackstone CEO Steve Schwarzman told Axios last week that he would support and donate to Trump after previously calling for "a new generation of leaders."
• Activist investor Nelson Peltz, who said he regretted voting for Trump after the Capitol attack, hosted the former president at his Florida mansion in March.
• Elon Musk, who met with Trump at Peltz's home, now speaks to the former president multiple times per month and is organizing dinner parties to whip elite opposition against Biden.