Elon Musk says he will not donate to Biden or Trump

Billionaire Elon Musk said Wednesday that he will not donate money to the campaigns of President Biden or former President Donald Trump in 2024.

“Just to be super clear, I am not donating money to either candidate for US President,” the tech mogul wrote on his social media platform, X.

“Politics is tribal, rather than logical,” he wrote in a separate post.

Musk’s announcement comes a day after The New York Times reported Trump met with the Tesla CEO and wealthy Republican donors over the weekend. The former president is seeking a financial boost for his White House bid, according to the Times.

2024 PRIMARY & CAUCUS RESULTS

With a net worth of $196.5 billion, Musk is the second-richest person in the world, according to Forbes.

Musk’s declaration that he will not donate to either presidential candidate comes a day after Super Tuesday, when Biden and Trump each won decisive victories in their parties’ respective primaries.

The results mean a rematch between Biden and Trump for the 2024 general election is all but certain, despite polls showing Americans are not excited about either of the candidates who faced off in 2020.

Just 32% of all voters are enthusiastic about Biden becoming the party nominee, and 37% of all voters are enthusiastic about Trump becoming the GOP nominee, according to a Monmouth University poll conducted in September.

Musk has been an outspoken critic of Democrats and the Biden administration over the ongoing crisis at the U.S. southern border, fueling speculation that he might throw his support behind Trump, who is campaigning on the promise to close the border.

The Tesla and SpaceX CEO has said repeatedly he believes Democrats have allowed illegal migrants to pour into the country so that they will vote blue at some point in the future – and that they are reluctant to deport any who commit crimes since it would be akin to losing potential voters.

He reiterated that view on Wednesday in a post on X.

“Until the loss of votes from ushering in vast numbers of illegal immigrants exceeds the likely gain of votes over time (as they are gradually legalized), the Democratic Party has a strong incentive to maximize illegal immigration.”

Fox News’ Michael Dorgan contributed to this report.