Elon Musk says he’ll do ‘a lot less’ political spending in the future: ‘I think I’ve done enough’

Elon Musk, the richest person in the world and a key financial supporter of President Donald Trump, said Tuesday that he’ll be spending less on political campaigns.

Musk revealed his decision via videoconference during a Bloomberg forum in Doha, Qatar. It could be a setback for Republicans before next year’s midterm elections.

Asked about his plans for future political spending, Musk replied, “I’m going to do a lot less in the future.” Asked why, he responded, “I think I’ve done enough.”

He added...