Significant chunk of Silicon Valley money and power supporting President Trump
Former U.S. Donald President Trump selected Sen. J.D. Vance (R-Ohio) as his running mate on Monday, July 15, 2024.
Axios reports that “a significant chunk of Silicon Valley money and power” is supporting former U.S. President Trump just as he has chosen former venture capitalist J.D. Vance as his running mate.
Scott Rosenberg and Dan Primack:
Venture capital billionaires Marc Andreessen and Ben Horowitz each will make donations to former President Trump’s election effort, Axios has learned.
The “techno-optimists” Andreessen and Horowitz are following hot on the heels of Elon Musk’s announcement that he would endorse Trump and form a PAC to aid his campaign.
See: Elon Musk Donates $45 Million a Month to Pro-Trump America PAC
Leaders of the industry’s giants — from Microsoft and Apple to Google and Facebook — have sought to thrive under presidents from both parties, and rarely taken sides.
Vance is an investor in Rumble, a free-speech-oriented social network embraced by the right, and Trump has his own Truth Social network.
The bottom line: With Trump’s fortunes at a high ebb right now, don’t be surprised to see more tech execs join his corner.
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MacDailyNews Note: On Saturday, July 13th, Musk publicly endorsed Trump for the first time in the U.S. presidential race, hours after the attempted assassination attempt of former president Trump during a campaign rally:
https://x.com/elonmusk/status/1812256998588662068
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