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.

Musk and his America super PAC successfully focused on key swing states, most notably Pennsylvania, to help get Trump and a Republican House and Senate elected in 2024, but fell short in a hard fought judicial election in Wisconsin this year.