Elon Musk and Peter Thiel put their interests and networks to work for Donald Trump and JD Vance

by time news

2024-07-16 15:00:08

Elon Musk (here on March 9, 2020, in Washington) and Peter Thiel (February 9, 2022, in Scottsdale, Arizona), both support the candidacy of Donald Trump for the US presidential election.

For several days, the American press has shown that some figures of Silicon Valley, whose population has voted overwhelmingly Democratic, have invested heavily in Donald Trump’s candidacy for the White House. Elon Musk will finance the latter campaign to the tune of 45 million dollars (41.3 million euros) per month, or around 180 million dollars between now and the presidential election in November. show them Wall Street Journal, Monday 15 July

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The Winklevoss brothers, known for their legal battle against Mark Zuckerberg over the Facebook initiative, for their part paid $250,000 each to support the Republican candidate, notice it Money Times. Venture capital figures from Silicon Valley, including executives from technology investment funds Sequoia Capital, Valor Equity, Khosla Ventures and 8VC, are making significant contributions to supplement the Republican campaign fund. They will be joined by the powerful founders of the Andreessen-Horowitz fund, Marc Andreessen (who tweeted an American flag on the day of Mr. Trump’s attack) and Ben Horowitz: they announced internally that they wanted to make donations to the candidate, reference, Tuesday July 16, The information.

A duo of architects seems to stand out in this financial frenzy. First Elon Musk, who likes to present himself as a centrist and says that he has voted for Democratic candidates in the past, but he has worked in a very right-wing revolution for three years. During the mid-term elections in 2022, the leader of Tesla, SpaceX and X took the position for the Republicans. However, he reaffirmed, in March, that he would not donate money to any presidential candidate.

A new super PAC

Another force behind Donald Trump’s support group is Peter Thiel, one of the few conservatives spoken of in Silicon Valley for years. The former founder – also with Elon Musk – of PayPal has been financing the campaigns of Republican candidates for years, and in 2016 he was among Donald Trump’s unofficial advisers on digital topics.

Elon Musk and Peter Thiel founded America PAC, a new Super PAC (a “political action committee”, which is specifically allowed for accepting donations) intended to support Donald Trump. To do this, two men draw heavily on their network: as information from New York TimesOne of the fund leaders is Joe Lonsdale, co-founder with Peter Thiel of the data processing and intelligence start-up Palantir, who personally contributed $1 million to the Super PAC.

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