Tech
Elon Musk says he will cut back on political spending after heavily backing Trump in 2024
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Elon Musk, the richest person in the world and a key financial supporter of President Donald Trump, said Tuesday that he’ll be spending less on political campaigns.
His decision, which he disclosed via videoconference during a Bloomberg forum in Doha, Qatar, could be a setback for Republicans before next year’s midterm elections. It also speaks to his possible disenchantment with politics after his tumultuous experience with the Department of Government Efficiency, which has fallen far short of its goals for reducing federal spending.
“I’m going to…
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