Musk to roll back political spending after mega 2024 donations

Published May 20, 2025 11:08am ET



Elon Musk said he’s going to curtail the amount of money he makes in political donations, saying at the Qatar Economic Forum he doesn’t currently see a “reason.”

Musk’s comments came as he spent $250 million to help elect President Donald Trump, and his affiliated PAC spent $20 million in the 2025 Wisconsin Supreme Court race.

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