Yes, the republicans will cut spending. Next election cycle the Democrats will be able raise spending, but now from a more sound basis. The deadwood will be pruned. DOGE is good for both the left and the right.
Also do note that the current Twitter valuation is higher than we he bought it. Cutting 80% of the staff at twitter was the right move. https://www.yahoo.com/tech/elon-musks-startup-xai-now-120118...