Tesla CEO Elon Musk says he's not donating money to Trump or Biden
Elon Musk, chief executive officer of Tesla, at the Viva Tech fair in Paris, France, on Friday, June 16, 2023.

Tesla CEO Elon Musk said Wednesday he will not donate to the campaigns of either President Joe Biden or former President Donald Trump.

"Just to be super clear, I am not donating money to either candidate for US President," Musk said in a post on his social media site X.

Musk's tweet came a day after The New York Times reported that last weekend he met with Trump and what the newspaper called a few wealthy Republican donors, in Palm Beach, Florida. The former president's home, in his Mar-a-Lago club, is in Palm Beach.

Musk is one of the wealthiest people in the world, with an estimated net worth of $195 billion, according to Forbes.

Musk, who also heads SpaceX, could support Trump or Biden in ways other than a direct donation to their campaigns.

He could, for instance, donate to a political action committee backing either contender.

Any major donation he makes could have a significant impact on a candidate's campaign.

Musk did not respond to an email seeking comment on whether he plans to give to a pro-Biden or pro-Trump PAC.

Despite Musk's habit of taking political stances on social media, he is not a major, frequent donor to campaigns.

Musk during the 2018 midterm election cycle made a series of contributions to Republican and Democratic committees supporting candidates for Congress for $33,900 apiece.

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