Vivek Ramaswamy has dropped out of the 2024 presidential election following the Iowa caucuses.

Ramaswamy endorsed Donald Trump for president.

“As I’ve said since the beginning, there are two America first candidates in this race and I called Donald Trump to tell him that,” Ramaswamy said.

“I congratulated him on his victory and now going forward he will have my full endorsement for the presidency, and I think we’re gonna do the right thing for this country,” he added.

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Watch Vivek Ramaswamy’s live feed from Iowa:

Although voting hasn’t quite concluded in Iowa, Ramaswamy firmly sits in 4th place.

NBC News reports:

Businessman Vivek Ramaswamy dropped out of the 2024 presidential race Monday night after a disappointing showing in the Iowa caucuses and endorsed former President Donald Trump.

Ramaswamy finished fourth in Iowa, NBC News projects, coming in well behind Trump, Florida Gov. Ron DeSantis and former U.N. Ambassador Nikki Haley. Ramaswamy had 8% of the GOP caucus vote with more than 90% of precincts reporting late Monday night.

Ramaswamy said he called Trump to congratulate him on his victory and would attend a rally with him in New Hampshire on Tuesday.

“There needs to be an America First candidate in this race,” Ramaswamy said. “Going forward, he will have my full endorsement for the presidency.”

The 38-year-old entrepreneur was not well known when he entered the race in February 2023, in his first run for political office. But he quickly broke through with Republican voters in a campaign that aligned with Trump in both tone and policy substance, as he positioned himself as an heir to the MAGA movement.

But his campaign was unable to pull much support away from Trump, who retained the loyalty of Republican voters despite Ramaswamy’s efforts to convince them that he’d be better able to push the “America First” agenda he and Trump both championed.

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