Over 120,000 people signed up for Biden fundraiser with Obama

More than 120,000 people signed up for Democratic presidential contender Joe BidenJoe BidenFormer Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick Bloomberg rolls out M ad buy to boost Biden in Florida MORE's fundraiser with former President Obama, marking another sign of Obama's star power among the Democratic base. 

The Biden campaign first told The New York Times about the event's confirmed attendees at Tuesday's fundraiser, which marks the first Biden campaign event featuring Obama in the 2020 campaign cycle. Additionally, the campaign told the publication it has already brought in $4 million from the fundraiser. 

Obama formally endorsed Biden in April, saying his former vice president "has all the qualities we need in a president right now." 

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The joint fundraiser is aiming to target tens of thousands of small donors. A joint fundraiser between former 2020 hopeful Pete ButtigiegPete ButtigiegBillionaire who donated to Trump in 2016 donates to Biden The Hill's Morning Report - Sponsored by Facebook - GOP closes ranks to fill SCOTUS vacancy by November Buttigieg stands in as Pence for Harris's debate practice MORE and Biden last month brought in $1 million from about 36,000 people. 

The reunion between the former president and former vice president is slated to be the biggest grassroots fundraiser for the Democratic Party of the cycle as the fundraising battle between Biden and Trump heats up. 

Trump and the Republican National Committee (RNC) brought in a combined record $74 million in May, but still fell behind Biden and the Democratic National Committee's (DNC) combined haul of $81 million.

The president and the RNC had about $265 million cash on hand at the beginning of June, while the Biden campaign and the DNC had roughly $130 million.