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Musk Cuts Political Spending, Shakes Up GOP Strategy

5/20/2025

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Summary

Story summary

Elon Musk revealed his intention to slash political spending, declaring he has "done enough" after pouring over $250 million into supporting Donald Trump. Speaking at the Qatar Economic Forum, Musk's shift could shake up Republican strategies for the 2026 midterm elections, especially as his influence diminishes amid growing public criticism.

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Story summary

Elon Musk revealed his intention to slash political spending, declaring he has "done enough" after pouring over $250 million into supporting Donald Trump. Speaking at the Qatar Economic Forum, Musk's shift could shake up Republican strategies for the 2026 midterm elections, especially as his influence diminishes amid growing public criticism.