U.S. billionaire Elon Musk announced on Wednesday that he "will not donate money to Republican presidential candidate Donald Trump or Democratic President Joe Biden in this year's elections." A source confirmed to Reuters that "Trump met with Musk and a small group of other individuals in Florida over the weekend, where the former president sought to attract funds for his campaign." In a post on his platform X, Musk stated: "To be clear, I am not donating money to either candidate for U.S. President." In 2022, Musk urged Americans to elect a Republican Congress in the midterm elections to balance against the Democrats to which Biden belongs.