Elon Musk on Political Spending
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Elon Musk Makes These Tesla Claims
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Explícame on MSNElon Musk withdraws from the political game after million-dollar election defeatsElon Musk, the world's richest man and a prominent Republican megadonor, has announced a significant reduction in his political investments for future elections.
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.
Once a key player in Republican funding and a vocal ally of Donald Trump, Musk signals a shift away from politics amid backlash and corporate fallout.
But Musk’s highly visible presence in Washington has ended, a POLITICO analysis found. In Trump’s rapidly evolving second presidency, Musk’s monopoly on political discourse, news coverage and social media seems to have broken — driven in part by how Trump and Republicans have all but stopped talking about him.
Elon Musk’s prominent role in President Donald Trump’s White House appears to be fading, but the tech billionaire’s brainchild — the budget-slashing Department of Government Efficiency — is poised to continue its work after his departure.