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".

Musk spent at least $250 million supporting Trump in the presidential campaign, as the main contributor to America PAC, a super PAC that was active in advertising and contracting with door-to-door canvassing groups across the seven most-competitive states in the November presidential election. Musk even headlined some of his own campaign rallies.

Elon Musk on Tuesday said he will spend "a lot less" on future elections, after he spent $290 million to help President Trump and Republicans