Musk to roll back political spending after mega 2024 donations
Elon Musk has announced that he plans to considerably reduce his political donations, stating that he does not currently see a rationale for continuing such spending. this decision comes after he has already contributed $250 million to support Donald TrumpS election campaign and an additional $20 million in a recent judicial race in Wisconsin. during a video interview at the Qatar Economic Forum, Musk expressed his intention to decrease future political expenditures, remarking, “I think I’ve done enough.” the situation is still developing and further updates are expected.
Musk to roll back political spending after mega 2024 donations
Elon Musk said he’s going to curtail the amount of money he makes in political donations, saying at the Qatar Economic Forum he doesn’t currently see a “reason.”
Musk’s comments come as the world’s richest man spent $250 million to help get Donald Trump elected, and his affiliated PAC spent $20 million in the 2025 Wisconsin Supreme Court race.
“In terms of political spending, I’m going to do a lot less in the future,” he said in a video interview at the Qatar Economic Forum. “I think I’ve done enough.”
This is a breaking news story and will be updated.
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