Trump doesn't have the option to serve a third presidential term as he has served the first term and can only serve a second term.
Trump was acquitted in a Senate impeachment trial for a second time. The acquittal comes after an impeachment trial where the House of Representatives charged incitement of insurrection against him following the attack on the U.S. Capitol by his supporters on Jan. 6, 2021. The Senate trial concluded on Feb. 13, 2021, with a 57-43 vote. With seven Republicans joining Democrats and independents, the vote was bipartisan, but the tally fell short of the two-thirds needed to secure the conviction.
Trump thanked Republican lawmakers in a statement, saying they stood proudly for the Constitution. He then criticized Democrats and claimed his second impeachment as a phase of the greatest witch hunt in the country's history. Trump's acquittal leaves him free to run again in 2024. However, the U.S. Constitution prevents him from being elected for the third time.
The 22nd Amendment since 1951 has prevented the presidents from being elected for not more than two terms. Before the enforcement of the Amendment, most presidents followed the example set by the first U.S. president, George Washington, and stepped down from power after their second term. The Amendment declares that ''No person who has held President's office or served as President for more than two years of a term to which another person was elected President should be elected to the President's office more than once.''
However, Trump has completed his first term and can serve only one more term.