Elon Musk, who spent more than $250 million dollars on Donald Trump’s election campaign, has said he plans to reduce political spending, stating "I’ve done enough".

Wisconsin could go down as billionaire Elon Musk's last big spend on a political campaign. And it was a flop. Musk, the richest person in the world, said Tuesday that he would be spending less on political campaigns.

Elon Musk, who helped bankroll President Donald Trump's 2024 campaign, said he intends to substantially cut back his political spending.