Kanye West thinks his controversial 2020 bid for president 'cost him his marriage' as Kim Kardashian files for divorce

KANYE West thinks his controversial 2020 bid for president "cost him his marriage."

The rapper's soon-to-be ex-wife Kim Kardashian filed for divorce on Friday.

? Read our Kim Kardashian live blog for the very latest news, gossip and updates on her divorce from Kanye…

Following the news of their official split, a source revealed to PEOPLE that the 43-year-old rapper believes his attempt to become president led to the end of their marriage.

According to an insider, Kanye has been "texting people" and "talking things through."

The source said "he's in that place of 'if only,'" adding: "'If only I had done this, if only I hadn't done that.' He's processing things."

They continued: "He thinks that the Presidential run was the straw that broke the camel's back.

"Before that, there was hope. After that, none. It cost him his marriage."

The Keeping Up With the Kardashians star filed for divorce from Kanye earlier on Friday.

Another source close to the Famous rapper told PEOPLE that he "isn't happy" about the divorce, but has accepted his marriage is over.

Kim's filing comes after months of speculation that the pair had called it quits.

TMZ reported that the 40-year-old is asking for joint legal and physical custody of the couple's four kids.

Sources close to the famous family told the outlet that Kanye is "fine" with the joint custody arrangement and they are "committed to co-parenting together."

Kim and Kanye, who tied the knot in 2014, share daughters North, seven, Chicago, three, and sons Saint, five, and one-year-old baby boy Psalm.

Speculation that their marriage was in trouble began when the Famous rapper made a series of wild allegations against Kim and her family on Twitter and during a presidential rally in July.

Kanye broke down in tears as he claimed at the controversial rally that Kim considered aborting their eldest child North.

After sharing that his father wanted to abort him, Kanye began to hysterically cry as he recalled the couple debating whether to go through with Kim's first pregnancy.

He yelled to the crowd: “She had the pills in her hand."

"My girlfriend called me screaming, crying. I'm a rapper. And she said I'm pregnant. She was crying."

The presidential hopeful – who said he was working on his laptop in Paris at the time of the conversation – added: "My screen went black and white.

"And God said, 'if you f*** with my vision, I’m going to f*** with yours.'

"And I called my girlfriend and said we're going to have this child.

"Even if my wife were to divorce me after this speech, she brought North into this world."

His wild antics continued when he alleged he had been trying to divorce her after she met Nicki Minaj's ex Meek Mill at a hotel two years ago.

While many people did not take Kanye's run for president seriously, the rapper regularly promoted his campaign on social media and encouraged his fans to vote for him.

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