Elon Musk will speak at the Town Hall Conference held in Green Bay, Wiscon on March 30, 2025. Just to see his favorite candidate lose ahead of the state Supreme Court election where he invested millions of dollars. The billionaire announced Tuesday that he plans to spend less on politics in the future.
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Elon Musk, the biggest presidential donor in 2024, said on Tuesday he plans to reduce his political spending.
“I intend to do much less in the future,” he told Bloomberg News in a video interview at the Qatar Economic Forum. “I think I did it well.”
When asked if he spends less on politics, Musk said whether he was driven by weathered blowbacks in the Trump administration: “If there’s a reason to spend politically in the future. I’ll do that. But I’m not looking at the reason at the moment.”
The world’s wealthiest Musk has poured nearly $300 million into President Trump’s campaign, becoming the president’s top political donor and symbolically powerful ally.
Trump has elevated the mask as a key figure in the White House. This was crystallized at the early Cabinet meetings when Musk ruled the debate.
Musk appeared alongside the president of the oval office to promote his work with the US Doge Service. This is an initiative that fires thousands of government employees, helps to unwind the entire agency, and actively focuses on actively trimming federal spending.
The effort sparked intense scrutiny. Researchers and good groups question whether Doge actually reduced “waste, fraud, and abuse.” Public accounting for unit savings is routinely plagued by exaggeration, double counting and other inconsistencies.
public Polling Mask’s doge’s efforts are unpopular, indicating that voters are disapproving Musk over Trump.
Last month, Musk’s celebrities and fortune didn’t help Republicans win the Wisconsin Supreme Court election. There, masks poured millions into their image as technical executives to win the state’s best judicial seats. But that backfired. Musk’s involvement became politically responsible, and Democrats used it to rally voters against billionaires, analysts said.
Musk said in a recent call with Tesla investors whose sales and profits were cratered in the first three months of the year, he turned his full-fledged White House gig into a part-time job, focusing his energy on a struggling electric car company.
Musk’s commitment to Tesla – the greatest source of his personal wealth – Wall Street Journal It has been reported That the company’s board has begun a process that could replace Musk as chief executive officer.
That could be another slow sign of the mask slowly and slowly from Washington. However, he has not completely disappeared. Musk, for example, said on Tuesday he will be attending dinner with Trump on Wednesday.
