{"id":28086,"date":"2025-05-20T15:13:56","date_gmt":"2025-05-20T15:13:56","guid":{"rendered":"http:\/\/medexperts.pro\/?p=28086"},"modified":"2025-05-20T15:27:01","modified_gmt":"2025-05-20T15:27:01","slug":"elon-musk-suggests-he-will-spend-a-lot-less-on-political-donations","status":"publish","type":"post","link":"https:\/\/medexperts.pro\/?p=28086","title":{"rendered":"Elon Musk Suggests He Will Spend \u2018a Lot Less\u2019 on Political Donations"},"content":{"rendered":"
<\/div>\n

The world\u2019s richest person, who spent more money than anyone else last year as he helped elect President Trump, has indicated lately that he wants to turn back toward his business empire.<\/p>\n

\n
\n
\n

Elon Musk was the country\u2019s biggest political donor in 2024. But he might be ready to give up the title.<\/p>\n

Mr. Musk, the world\u2019s richest person, said on Tuesday that he was planning to spend \u201ca lot less\u201d in future elections, the latest sign that he is fading into the background of American politics \u2014 at least for now.<\/p>\n

\u201cIn terms of political spending, I\u2019m going to do a lot less in the future,\u201d Mr. Musk said as he appeared virtually for a combative interview with Bloomberg News at the Qatar Economic Forum. \u201cI think I\u2019ve done enough.\u201d<\/p>\n

He did keep the door open, however. Asked if his decision stemmed from any blowback he had faced for helping to guide the Trump administration, he said: \u201cIf I see a reason to do political spending in the future, I will do it. But I don\u2019t currently see a reason.\u201d<\/p>\n<\/div>\n<\/div>\n

<\/div>\n
\n
\n

Mr. Musk disclosed over $290 million in federal spending on the 2024 election cycle, most of which went toward backing Donald J. Trump through a super PAC that he started. He has told Mr. Trump\u2019s advisers<\/a> that he planned to donate about $100 million to pro-Trump groups before the 2026 midterm elections.<\/p>\n

In the months after Mr. Trump took office in January, Mr. Musk became a frequent presence in Washington as he steered an ambitious, controversial effort to sharply cut government spending. He has also remained a powerful player in Republican campaign finance. Along with an allied group, he spent roughly $25 million on a major Wisconsin Supreme Court race<\/a> to back a conservative candidate who lost badly.<\/p>\n

Lately, Mr. Musk has indicated a desire to turn back to his business empire. After a sharp drop in profit at his electric-car company, Tesla, he told Wall Street analysts last month<\/a> that he planned to spend less time in Washington and more on his companies.<\/p>\n

He did say on Tuesday, however, that he planned to be in Washington on Wednesday and Thursday, including for a dinner with Mr. Trump.<\/p>\n<\/div>\n<\/div>\n<\/section>\n","protected":false},"excerpt":{"rendered":"

The world\u2019s richest person, who spent more money than anyone else last year as he helped elect President Trump, has indicated lately that he wants to turn back toward his business empire.Elon Musk was the country\u2019s biggest political donor in 2024. But he might be ready to give up the title.Mr. Musk, the world\u2019s richest person, said on Tuesday that he was planning to spend \u201ca lot less\u201d in future elections, the latest sign that he is fading into the background of American politics \u2014 at least for now.\u201cIn terms of political spending, I\u2019m going to do a lot less in the future,\u201d Mr. Musk said as he appeared virtually for a combative interview with Bloomberg News at the Qatar Economic Forum. \u201cI think I\u2019ve done enough.\u201dHe did keep the door open, however. Asked if his decision stemmed from any blowback he had faced for helping to guide the Trump administration, he said: \u201cIf I see a reason to do political spending in the future, I will do it. But I don\u2019t currently see a reason.\u201dMr. Musk disclosed over $290 million in federal spending on the 2024 election cycle, most of which went toward backing Donald J. Trump through a super PAC that he started. He has told Mr. Trump\u2019s advisers that he planned to donate about $100 million to pro-Trump groups before the 2026 midterm elections.In the months after Mr. Trump took office in January, Mr. Musk became a frequent presence in Washington as he steered an ambitious, controversial effort to sharply cut government spending. He has also remained a powerful player in Republican campaign finance. Along with an allied group, he spent roughly $25 million on a major Wisconsin Supreme Court race to back a conservative candidate who lost badly.Lately, Mr. Musk has indicated a desire to turn back to his business empire. After a sharp drop in profit at his electric-car company, Tesla, he told Wall Street analysts last month that he planned to spend less time in Washington and more on his companies.He did say on Tuesday, however, that he planned to be in Washington on Wednesday and Thursday, including for a dinner with Mr. Trump.<\/p>\n","protected":false},"author":1,"featured_media":28088,"comment_status":"close","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-28086","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=28086"}],"version-history":[{"count":2,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28086\/revisions"}],"predecessor-version":[{"id":28089,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/posts\/28086\/revisions\/28089"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=\/wp\/v2\/media\/28088"}],"wp:attachment":[{"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=28086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=28086"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/medexperts.pro\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=28086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}