Hedge fund billionaire Ray Dalio attended a Taylor Swift Eras Tour concert in Singapore, and posted a selfie from the packed venue along with a caption explaining why he thought the megastar should be the next president of the United States.

“@TaylorSwift for President!” the Bridgewater Associates founder Dalio wrote Thursday on Instagram.

“I just saw her at her concert in Singapore and realized that she can bring together Americans and people in most countries much better than either of the candidates, and that bringing people together is the most important thing,” Dalio wrote.

“Watching this concert with people from all over the world made me and them feel good and connected and reminded me how powerful that universal culture is,” he added. “Wouldn’t it be great if we had two candidates who could lead that culture and make smart leadership decisions too?”

While the post was likely made in jest, politicians and pundits know all too well of the record-breaking Grammy award winning singer’s powerful influence and enormous fan base.

Dalio later tweeted an update, elaborating on his frame of mind when he made the first post, and explaining it.

“Re: my Taylor Swift for president! comments, no I wasn’t drunk (though obviously I need to work on my selfies) and yes it was a joke, which is a half-truth,” Dalio wrote in the post on the social media site X.

“The half that’s true is that I think she can bring people together a lot better than either of the presidential candidates and bringing people together is one of the most important things a president should do.”

Swift’s get-out-the-vote efforts have previously spurred tens of thousands of young people to register to vote in a single day.

And the reputation she gained supporting Joe Biden’s campaign against former President Donald Trump that year have fostered right-wing conspiracy theories that she’s being deployed as a tool of the Democrats or even the Pentagon and CIA for this year’s presidential race.

While some Republican lawmakers and television pundits suggest Swift is part of a masterminded plot to achieve the Biden administration’s endgame, her fans have replied with “you need to calm down.” Swift has not made any endorsements for the 2024 election, but encouraged her 283 million Instagram followers to vote in a post on Tuesday for the Super Tuesday primaries.

Dalio, who turned Bridgewater into the world’s largest hedge fund, has previously stressed what he believes is the need for a more centrist approach to American politics. Many voters have not expressed happiness at the prospect of a Trump-Biden rematch, bracing for a potentially cruel summer and fall campaign season as the contenders’ bad blood risks stoking further polarization in the country’s politics.

“What we need is a very strong middle,” Dalio said at a financial forum in November.

“We have irreconcilable differences by sides that will not accept losing.”

He said at the time that he saw former U.S. ambassador to the United Nations, Nikki Haley, as the most promising candidate. Perhaps he now hopes Swift will fill in the blank space left by Haley’s recent departure from the race.

The Eras Tour is the most profit-generating concert tour in history, spanning 152 shows in five continents over 21 months.

Since launching her tour, Swift has become a billionaire and boosted the economies of numerous cities and states, surpassing many forecasters’ wildest dreams. The U.S. Federal Reserve in 2023 cited her concerts as providing significant economic boosts to American cities, and some analysts estimated that by October of that year, the shows and subsequent gold rush of travel and spending by fans had added $5.7 billion to the U.S. economy.

In Singapore alone, six consecutive days of concerts are estimated to have added between $225 million to $300 million to the city-state’s economy in the first quarter of this year, according to a survey of economists published by Bloomberg.

Like hurricanes, blizzards or wildfires, Taylor Swift is now prompting an airline to waive ticket-change fees.

The popstar said she was postponing a show in Argentina’s capital scheduled for Friday until Sunday because of heavy rain, writing on X, the platform formerly called Twitter: “due to the weather being so truly chaotic it would be unsafe to try and put on this concert.”

The Chile account of LATAM Airlines, the largest carrier in South America, reached out to customers on X: “#AttentionSwifties: we know your planes changed so starting today we are updating our flexibility policy for those with flights from Buenos Aires” for Saturday or Sunday.

The Chie-based carrier said it is waiving both ticket-change fees and differences in fare if travelers can fly anytime until Nov. 17 after Swift’s show at Argentina’s largest stadium was postponed.

Some customers complained to LATAM on social media, however, that they were having trouble finding seats and that the carrier told them about the waiver too late. The airline didn’t immediately comment on whether it is adding additional flights.

Airlines routinely add extra flights for events like high-profile concerts, conferences like CES, or sports.

But a change fee waiver when a concert is canceled or is postponed is very unusual, industry executives told CNBC, and is also a sign of how much her tour drives bookings. While it might be a new era for airline waivers, The Eras Tour has impacted other industries like hotels.

Taylor Swift responded to her fans Friday after Live Nation‘s Ticketmaster said a general public sale of tickets to the superstar’s “Eras” tour would be canceled because there weren’t enough tickets to meet high demand.

“It’s really difficult for me to trust an outside entity with these relationships and loyalties, and excruciating for me to just watch mistakes happen with no recourse,” Swift wrote in a message posted on Instagram. She did not mention Live Nation or Ticketmaster in her statement.

“I’m not going to make excuses for anyone because we asked them, multiple times, if they could handle this kind of demand and we were assured they could. It’s truly amazing that 2.4 million people got tickets, but it really pisses me off that a lot of them feel like they went through several bear attacks to get them,” she wrote.

Separately, The New York Times reported Friday that Justice Department has opened an antitrust investigation into parent company Live Nation’s practices. The probe predates the Swift ticket sale this week, according to the report. The Justice Department declined to comment.

Live Nation, Ticketmaster and the company’s largest shareholder, Liberty Media, also didn’t immediately comment about Swift’s Friday statement or the Times’ report on a Justice Department investigation.

Ticketmaster announced the cancellation hours after Liberty Media CEO Greg Maffei defended Ticketmaster on Thursday. Maffei blamed a surge of demand from 14 million users, including bots, for site disruptions and slow queues for presales earlier this week.

“It’s a function of Taylor Swift. The site was supposed to open up for 1.5 million verified Taylor Swift fans,” Maffei told CNBC’s “Squawk on the Street.” “We had 14 million people hit the site, including bots, which are not supposed to be there.”

Maffei said Ticketmaster sold more than 2 million tickets on Tuesday and demand for Swift “could have filled 900 stadiums.”

The “Eras” tour is set to kick off in March 17 in Glendale, Arizona.

Read Swift’s full statement:

-CNBC’s Sarah Whitten contributed to this article.