Elon Musk Says He Plans to Scale Back Political Spending

Articles

Summary

Elon Musk signals plans to dial back political spending

Billionaire Elon Musk has said he expects to dial back his political donations, a major shift from the figure who shook up the 2024 election as a top donor to President Donald Trump.

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BBC News

Elon Musk says he has 'done enough' political spending

After spending at least $250 million last year to help elect President Donald Trump and millions of dollars more on a Wisconsin Supreme Court race this year that didn’t end with the result he intended, billionaire presidential adviser Elon Musk said Tuesday he is going to do a lot less political spending in the future.

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Bay News 9

Elon Musk to Pull Back on Political Spending: "I Think I've Done Enough"

After spending about $260 million helping elect President Trump and Republicans last year, Elon Musk said Tuesday he does not plan on spending large amounts of money on elections, saying, “I think I’ve done enough,” but did not entirely rule out future spending.

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The Gateway Pundit

Western Razor Co.

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News Results

Elon Musk says he'll pour less money into elections. That's bad news for the GOP.

Elon Musk says he's pulling back from political spending. That's a big reversal from what he said he'd do months ago. Now, the GOP is going to have to make up the gap somehow. The world's richest man is by far the biggest political donor in America in 2024.

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17m ago

Musk 'Going to Do a Lot Less' in Funding Politics, for Now

Elon Musk says he will cut back on political contributions in the future. The Tesla CEO says he has "done enough" for now. But he says if he sees a reason to do so, he'll do it. Musk has pledged to support Republicans in the past and future.

RIGHT

18m ago

Elon Musk says he will cut back on political spending after heavily backing Trump in 2024

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MIDDLE

18m ago

Elon Musk to slash his political spending

The world’s richest man announced on Tuesday that he planned to spend less in the political arena, saying: ‘I think I’ve done enough’ Mr Musk, the chief executive of Tesla, endorsed Mr Trump last year when the then Republican candidate narrowly survived an assassination attempt. He poured as much as $250 million into the campaign.

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17m ago

Elon Musk is ready spend 'a lot less' money on politics

“I’m going to do a lot less in the future,” said Musk, appearing virtually for an at times contentious interview with Bloomberg News. Musk is devoting one to two days a week to government work, he told Bloomberg’s Mishal Husain, and the rest of the time on his businesses. “I think I’ve done enough,’ he added.

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17m ago

Musk, asked about 2026 midterms, says he will do 'a lot less' political spending in the future

Elon Musk, the top donor in the 2024 election, says he'll scale back his political spending. "I'm going to do a lot less in the future," Musk said at the Qatar Economic Forum. The comments mark the first time Musk has said he plans to step back from putting his fortune behind political candidates.

LEFT

17m ago

Musk on Political Spending: 'I Think I've Done Enough'

Billionaire Elon Musk says he's pulling back from politics. "I don't currently see a reason to do it," he says. Musk is the founder of Tesla and SpaceX. He's also the CEO of rocket company Space X, which he founded in 2010.

LEFT

17m ago

Elon Musk plans to rein in political spending, avenge damaged Teslas

Elon Musk says he plans to cut back on political contributions and punish critics who take out their disdain for him on Tesla vehicles. The richest man in the world spent nearly $300 million in support of President Trump’s 2024 election agenda. Musk: “I think I’ve done enough.”

LEFT

17m ago

'I've done enough': Elon Musk says he's going to spend 'a lot less' money on politics

Elon Musk says he's going to spend 'a lot less' money on politics in the future. "I think I've done enough," Musk says. Musk recently scaled back his work leading the Trump administration's Department of Government Efficiency. Musk is the richest man in the world and a Republican mega-donor.

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18m ago

Musk to slow down political spending: 'I think I've done enough'

Elon Musk says he plans to scale back his political spending. He funneled nearly $300 million into the campaign of President Trump. Musk has appeared alongside the president in the Oval Office to tout his work with the U.S. DOGE Service. He has laid off thousands of government employees and helped cut federal spending.

LEFT

18m ago

Elon Musk gives bombshell politics update after Donald Trump bromance breakdown

Elon Musk says he has "done enough" as he steps back from White House. The tech billionaire says he will do less political spending in the future. Musk had been heading the Department of Government Efficiency task force. Reports of the billionaire’s departure followed several weeks of tensions between the billionaire and other top appointments.

LEFT

18m ago

Elon Musk says he'll do a 'lot less' political spending in the future

Musk is seen by some as a political liability for Republicans after spending enormous sums in 2024. He didn't directly answer when asked if he was making the change because of blowback. He's previously said that his super PAC planned to spend on the 2026 midterms.

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19m ago

Western Razor Co.

Ditch the disposables and switch to an American-made safety razor and get a better shave.