US president Joe Biden and his team are preparing to announce his re-election campaign next week, US media reports said Thursday. Several reports, including those by The Washington Post and CNN, cited unnamed sources, as saying that Biden is set to launch his re-election campaign with a video release. The Post reported that this could be on Tuesday, the anniversary of the day in 2019 when Biden joined the race to take on then incumbent Donald Trump in 2020. However, the report underlined that the plans were not finalized and could be postponed. Already the oldest US president in history at 80, Biden would be 86 by the time he completed a second term. The current frontrunner for the Republicans is Trump, raising the growing possibility of a rematch of one of the most divisive elections in US history. In 2019, Biden opened his bid with a video address. Although many initially saw him as a has-been, out of politics since finishing his term as vice president under Barack Obama, he went on to win the Democratic nomination, then defeat Trump in a tempestuous contest that the Republican attempted to overturn.