Updated Mar 6, 2024 - Politics & Policy

Elon Musk says he's not donating money to Trump or Biden campaigns

Elon Musk is speaking at the symposium about antisemitism,

Elon Musk at an event in Krakow, Poland on Jan. 22. Photo: STR/NurPhoto via Getty Images

Elon Musk announced Wednesday that he has no intention of donating money to either President Biden or former President Trump's presidential campaigns.

Why it matters: The statement is by no means definitive since, as tweeters immediately pointed out, he could still give to a super PAC or another fund that benefits a candidate.

  • Musk's statement came after he allegedly met with Trump in Florida over the weekend, as he reportedly seeks a cash infusion for his campaign, the New York Times reported.

What they're saying: "Just to be super clear, I am not donating money to either candidate for US President," Musk wrote on X Wednesday.

State of play: While the results of Super Tuesday paved the way for a Biden-Trump rematch in November, the candidates' campaigns find themselves in different financial positions.

Zoom out: Despite claiming he won't donate to either campaign, Musk is no stranger to commenting on politics.

  • Earlier this week, Musk took to X to criticize the Biden administration's immigration policies, alleging they amount to "treason."
  • In another post, Musk echoed a right-wing conspiracy theory that the administration is "importing voters" that pose a national security threat.
  • "I would not vote for Biden," Musk told the New York Times DealBook Summit in November, adding that "I'm not saying I'd vote for Trump."
  • Back in 2022, Musk said he recommended "voting for a Republican Congress."
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