Elon Musk to Cut Back Political Spending
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1hon MSN
Elon Musk is scaling back his involvement with the White House DOGE office, but he's not saying goodbye to Washington yet. Musk was speaking to CNBC's David Faber in an interview on Tuesday when he was asked if he would miss being in the White House.
Wisconsin could go down as billionaire Elon Musk’s last big spend on a political campaign. And it was a flop. Musk, the richest person in the world, said
Musk, who was the biggest donor in the 2024 political cycle, said he feels like he has "done enough" with political contributions.
In media interviews on Tuesday, Musk reaffirmed his commitment to Tesla and said he'd be spending less on politics in the future.
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He spent hundreds of millions to elect President Trump. But now he’s less visible in Washington, says he’ll spend less on future elections and is even posting less about Mr. Trump on social media.
Elon Musk, who spent more than $250 million dollars on Donald Trump’s election campaign, has said he plans to reduce political spending, stating "I’ve done enough".
Elon Musk went on a media blitz to share plans on new robotics benchmarks and reiterate his commitment to his companies.
"I think in terms of political spending, I'm going to do a lot less in the future," billionaire Elon Musk said.
Musk told CNBC that his artificial intelligence startup xAI plans to build a gigawatt-size facility outside of Memphis, Tenn.