Elon Musk said he’s going to curtail the amount of money he makes in political donations, saying at the Qatar Economic Forum he doesn’t currently see a “reason.”

Musk’s comments came as he spent $250 million to help elect President Donald Trump, and his affiliated PAC spent $20 million in the 2025 Wisconsin Supreme Court race.

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“In terms of political spending, I’m going to do a lot less in the future,” he said in a video interview at the Qatar Economic Forum. “I think I’ve done enough.”  

Musk regularly donated to Democrats before the 2024 election. However, his involvement in the 2024 race marked a significant uptick. Following the election, Trump appointed him to lead the Department of Government Efficiency, which slashed funding and jobs throughout the federal government.

His wading into politics garnered criticism from some after the Wisconsin Supreme Court race this year. As a part of the campaign, Musk offered a million-dollar check to voters of conservative candidate Brad Schimel. Around 69% of voters disapproved of the tactic, and 57% of voters in the state overall disapproved of Musk’s role in DOGE.

One-third of independent voters said his involvement made them less likely to support Schimel, who lost to liberal candidate Susan Crawford by 10%.

DOGE LOSES ITS BITE AS ELON MUSK STEPS BACK FROM ROLE

Twenty-two percent of voters for Crawford said an anti-Musk message was a driving factor in deciding their vote. 

In April, Musk said he would redirect his focus toward his companies rather than the government, as Tesla stock plunged following his rise in politics. Tesla deliveries have fallen by 13% in the first three months of the year.