Michelle Obama is hanging out with some famous friends amid rumors that she’s preparing to mount a presidential campaign.

The 59-year-old former first lady and wife of former President Barack Obama was spotted soaking up the sun on a yacht in Portofino, Italy on Sunday (October 1).

Dressed in all white, she was joined by the likes of Tom Hanks, Steven Spielberg and Kate Capshaw. However, her husband is at home in the United States.

As Michelle enjoys some vacation time, rumors are brewing thanks to one Republican Senator that she might be replacing President Joe Biden in the 2024 campaign. Her husband was even asked about the whispers recently.

Read more about the rumors Michelle Obama is running for president…

Last month Ted Cruz speculated that Michelle might end up running for president during his podcast Verdict with Ted Cruz.

“So here’s the scenario that I think is perhaps the most likely and most dangerous. In August of 2024, the Democrat kingmakers jettison Joe Biden and parachute in Michelle Obama,” he said, via The Hill. “I view this as a very serious danger.”

President Obama was asked about the possibility while out in Santa Monica, Calif. However, the politician opted out of answering questions from photographers on the scene. The video and photos were obtained by the Daily Mail.

The former first couple was recently spotted together at a major sporting event.

Scroll through all of the new photos of Michelle Obama and her famous pals in the gallery…