Bullshit by Billionaires — what they said, what happened

LatestOctober 2026

Elon MuskMoney & power

May 2025 · Qatar Economic Forum

“In terms of political spending, I’m going to do a lot less in the future. I think I’ve done enough.”

Elon Musk speaking by video at the Qatar Economic Forum, with Bloomberg event branding beside him — Still from Bloomberg’s Qatar Economic Forum interview · Watch the source ↗

CBS News, May 20, 2025: Elon Musk says he'll scale back political spending: I think I've done enough — CBS News · May 20, 2025 — Read the report ↗

NPR, May 20, 2025: Musk to slow down political spending: I think I've done enough — NPR · May 20, 2025 — Read the report ↗

What happened · October 2026

New filings show he gave $158 million in September to a Senate Republican super PAC. He has spent roughly $366 million this midterm cycle.

CBS News headline, October 16, 2026: Elon Musk donates over $150 million to Senate GOP group, assisting Ken Paxton — CBS News · Oct 16, 2026 — Read the full report ↗

We all think he's done quite enough, but apparently Musk just couldn't help himself - and why would he keep his word? Since his last round of funding his president, he became the world's first trillionaire - the money is inconsequential, the power is addictive.

Original quote ↗$366m total ↗Trillionaire report ↗

Archive

01 · Free speech Elon Musk
“My commitment to free speech extends even to not banning the account following my plane.”
November 2022 · Posted on Twitter
One month later
Twitter suspended the account that tracked his plane.
The exception had a tail number.
Original post ↗What happened ↗
02 · Democracy Peter Thiel
“The great task for libertarians is to find an escape from politics in all its forms.”
2009 · The Education of a Libertarian
Then
He put more than $35 million into federal Republican candidates in the 2022 cycle.
He escaped politics by financing it.
Original essay ↗Donation record ↗
03 · Democracy Donald Trump
“The electoral college is a disaster for a democracy.”
November 2012 · Posted on Twitter
After his 2016 win
“The Electoral College is actually genius.”
The system improved when it worked for him.
Original post ↗The reversal ↗

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