Beto O’Rourke Drops Out of 2020 Presidential Race .<br />The former Texas congressman made the announcement on Friday. .<br />In his statement, O'Rourke said his "service to the country will not be as a candidate or as the nominee.".<br />Though it is difficult to accept, it is clear to me now that this campaign does not have the means to move forward successfully, Beto O'Rourke, via statement.<br /> Acknowledging this now is in the best interests of those in the campaign; it is in the best interests of this party as we seek to unify around a nominee; and it is in the best interests of the country, Beto O'Rourke, via statement .<br />O'Rourke kicked off his campaign with an impressive fundraising haul of $6.1 million in the first 24 hours following the announcement of his run. .<br />Before his presidential run, the 46-year-old lost his effort to <br />unseat Sen. Ted Cruz. .<br />O'Rourke served as a congressman for Texas's 16th Congressional District from 2013 to 2019.