Hey, it's Sarah Gonzalez.

The economy has been in the news a lot lately.

It's kind of always in the news.

And Planet Money is always here to explain it.

Each episode, we tell a sometimes quirky, sometimes surprising, always interesting story

that helps you better understand the economy.

So when you hear something about cryptocurrency or where exactly your taxes go, yes, Ives.

Listen to the Planet Money podcast from NPR.

Live from NPR news in Washington, I'm Jack Spear.

Billionaire Alon Musk says he plans to cut back his political spending.

As NPR's Bobby Allen reports, Musk spending in the 2024 presidential

election for President Trump made him the country's top political donor. In an interview with

Bloomberg News at the Qatar Economic Forum, Musk said his days of funneling his wealth into politics

may be behind him. In terms of political spending, I'm going to do a lot less in the future.

And why is that?

I think I've done enough.

Musk spent nearly $300 million to support Trump for president, but some Republicans are beginning to see his support as a liability.

He spent millions to back a Wisconsin Supreme Court judicial candidate who lost, and

polls show Musk is far less popular than Trump.

Musk did keep the door open to political spending, saying if there's a reason to resume it, he will.

In recent weeks, Musk's prominence at the White House has faded, but he still does have the ear of Trump.

Bobby Allen and PR News.

...