"He won because the Election was Rigged," he wrote on Twitter but minutes later said he was not conceding that he lost the 3 November election.
Mr Trump also repeated unsubstantiated claims of widespread election fraud.
He has launched a slew of lawsuits in key states but has not provided any evidence to back his claims of fraud.
All the lawsuits have so far been unsuccessful.
On Friday, election officials said the vote was the "most secure in American history" and there was "no evidence that any voting system deleted or lost votes, changed votes or was in any way compromised".
Nevertheless, Mr Trump had refused to acknowledge Mr Biden's victory until - apparently - now.
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