Elon Musk, one of the world’s richest men and staunch supporter of President Donald Trump, says it is now time for him to retreat from political endeavors and get back to his various business ventures.

Along with stepping out of the political arena, he also says he will cut back on his massive financial donations to politics, too, The Blaze Says.

Musk was being interviewed by BBC journalist Mishal Husain at the Qatar Economic Forum when he made the comments. The 53-year-old is focusing on his companies after running a government accountability office for President Donald Trump.

“I wondered whether you’ve decided yet how much you’re going to spend on the upcoming midterms,” asked Husain. “You’ve spent a lot more money on the last year’s election than you envisioned when you were speaking here three years ago. Are you going to continue to spend at that kind of level on future elections?”

“I think in terms of political spending, I’m gonna do a lot less in the future,” Musk responded.

It is estimated that Musk gave about $288 million in political donations in the 2024 election.

“I think I’ve done enough,” he added.

I see nothing wrong with all that, really. Musk has every right to make the decisions that are best for him.

And, yes, he has done a lot.

I thank him for what he has done and if he wants to step back for a while, that is his right.

Follow Warner Todd Huston on Facebook at: facebook.com/Warner.Todd.Huston, X at WTHuston, or Truth Social at @WarnerToddHuston.