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- Peter Thiel says he's done giving money for GOP candidates for the 2024 cycle.
- Thiel told the Atlantic that he hopes his comments will "lock me out of the cycle for 2024."
- Thiel has given tens of millions to GOP candidates in recent years.
Billionaire Peter Thiel is scaling back his political spending ahead of next year's presidential election, a sign that the libertarian mega-donor is clearly dejected after previously giving millions to candidates, including former President Donald Trump.