Billionaire Elon Musk, who recently met with former President Donald Trump, said on Wednesday that he will not financially donate to either Trump or President Joe Biden’s 2024 campaigns.

Musk, the owner of Tesla, SpaceX and social media platform X, has been vocally critical of the Biden administration’s handling of illegal immigration. According to The New York Times, Musk met with Trump on Sunday in Florida, as the former president seeks to solidify support ahead of an anticipated fierce general election battle.

While details of their discussion were not reported, Musk took to X (formerly Twitter) to clarify his stance: “Just to be super clear, I am not donating money to either candidate for US President.”

Though Musk served briefly on two of Trump’s advisory councils early in his presidency before resigning over the Paris Climate Accord withdrawal, the billionaire has recently aimed his critiques at Biden over immigration policies. Last month, Musk claimed Biden’s proposed path to citizenship for millions of undocumented immigrants was a tactic “to create a permanent majority – a one-party state.”

Previously a self-described longtime Democratic voter, Musk has shifted his political lean, voting Republican in the 2022 midterms. However, he has not endorsed either Trump or Biden for 2024 yet.

The X owner did reinstate Trump’s account last November after the former president’s suspension following the January 6th Capitol riot, citing the results of a poll he conducted on the platform.

Though meeting with Trump and allowing his return to X, Musk appears intent on an independent stance for now, choosing not to provide financial backing to either presidential candidate amid his immigration grievances with Biden and past policy differences with Trump.