Musk Says He’ll Scale Back Political Spending in Blow to GOP

Musk to Pull Back on Political Spending

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By Gregory Korte and Bill Allison

May 20, 2025 at 2:03 PM UTC

Updated on

May 20, 2025 at 2:44 PM UTC

Elon Musk said he would significantly pull back from political spending, a likely blow to US President Donald Trump and Republicans ahead of the 2026 midterm elections.

“I’m going to do a lot less in the future,” Musk said during a discussion at the Qatar Economic Forum on Tuesday.