“If I see a reason to spend money on politics, I’ll do it,” Maskduring a teleconference in his financial forum Qatar.
Elon Musk predicts to spend “much less” money to finance election campaigns, he said today (20.05.2025) at Qatar’s financial forum, offering more than $ 290 million to support Republican candidates before 20.
Musk is by far the richest man in the world, with a fortune estimated at $ 423 billion on the Forbes magazine website, that is, almost twice as compared to the second in the relevant ranking, Meta Managing Director Mark Zuckerberg (221).
“If I can see a reason to spend money on politics, I will do it,” he said during a public conference conference broadcast and aired by the Bloomberg News Agency, “but I have no.”
Following Donald Trump’s electoral success, to which Elon Musk headed most of his donations and the majority of Republicans in the House of Representatives, the owner of Tesla was involved in a local election in March.
He financially supported Republican Brad Simel, a candidate for a headquarters in the Supreme Court of this state in the US North, whose election would reinforce conservative voices in the body.
But the support of Elon Musk and Donald Trump was not enough to elect Simel, who was defeated by Democratic Susan Crawford.