Elon Musk, the billionaire CEO of Tesla and SpaceX, announced at the Qatar Economic Forum that he intends to reduce his political donations considerably after spending close to $300 million to support Republicans, including President Trump, in 2024. He expressed that he feels he has contributed enough financially to political campaigns. This decision also follows his retreat from a high-profile role in the Trump administration's Department of Government Efficiency, amidst criticism and calls from Republicans for a less prominent position.
In terms of political spending, I'm going to do a lot less in the future. I think I've done enough.
If I see a reason to do political spending in the future, I will do it. I don't currently see a reason.
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