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

Elon Musk speaking during a town hall meeting on March 30, 2025 in Green Bay, Wisc. ahead of a state Supreme Court election where he invested millions of dollars, only to see his preferred candidate lose. The billionaire announced on Tuesday that he planned to spend less on politics going forward. Scott Olson/Getty Images

Scott Olson/Getty Images

Elon Musk, who was the biggest presidential campaign donor in 2024, said on Tuesday that he plans to scale back his political spending.

“I’m going to do a lot less in the future,” he said in a video interview with Bloomberg News at

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