“If the purges [of potential voters], challenges and ballot rejections were random, it wouldn’t matter. It’s anything but random. For example, an audit by the State of Washington found that a Black voter was 400% more likely than a white voter to have their mail-in ballot rejected. Rejection of Black in-person votes, according to a US Civil Rights Commission study in Florida, ran 14.3% or one in seven ballots cast.”
"[…] Democracy can win* despite the 2.3% suppression headwind.
And that’s our job as Americans: to end the purges, the vigilante challenges, the ballot rejections and the attitude that this is all somehow OK."
Nothing even in the article you quoted suggests they raised more than Trump - it even says, the latter was quiet about his amounts raised, plus it’s never going to track PAC operations behind the scenes by big corps backing him.
It basically says they were pleased with what they raised, and optimistic about their chances. They’re not necessarily clairvoyantly capable of seeing how they’re being outspent. And the net result, whatever they expected, is obvious: Money gives optimism, but BIG MONEY trumps that.