Musk and the tech elite are backing a pro- Trump group


The New York Times: The U.S. Super PAC is a Dimitrishing Democrat Sculptor’s Density of Gold

According to The Wall Street Journal, a number of close friends of Musk donated to the pro- Trump super PAC, and Musk plans on giving as much as $65 million. In a post on X, Musk replied to the Journal with a meme claiming that it was fake news, though he had already contributed to the super PAC.

The recent disclosures show that America PAC has raised over $8 million in the last six months. A source told the Journal that the PAC was founded by Chris Gober, a prominent Republican campaign finance lawyer. Hundreds of employees have been hired by America PAC. According to the New York Times, the Trump campaign spent more than 6 million dollars in a two week period oncanvassing and field operations.

According to The New York Times, an America PAC spokesman said that they believed Biden would be a grave threat to the financial and safety of the United States.

Vance: A Silicon Valley No-Hair Candidate Who Wants to Win by Donald Trump? Comment on the Tech Industry and a Co-founder of Citadel

July 17th was incorrect. An earlier version misstated the name of Antonio Gracias’s investment firm. It is Valor Equity Partners, not Valor Energy Partners.

After the official announcement of the vice presidential pick, some top Silicon Valley leaders came out in support of the nominee, like Musk. Musk said that the trump-vance ticket sounds victory, and is an excellent decision by Trump. David Sacks, a prominent GOP donor and venture capitalist, wrote on the social media site X, “This is who I want by Trump’s side: an American patriot.”

The tech industry’s excitement over Vance comes as little surprise. Major investors like Peter Thiel and AOL founder Steve Case have worked together with a venture capitalist named “Vance”. When Vance ran for US Senate in 2022, Thiel donated $15 million to support his campaign. According to Open Secrets, Sacks donated $900,000 to the Senate election.

The pick hasn’t wooed all right-leaning investors. The Washington Post reported Monday that Ken Griffin, manager of the hedge fund Citadel, opposed Vance.

Billionaires and corporations are literally rooting for J.D. Vance: They know he and Trump will cut their taxes and send prices skyrocketing for everyone else,” Jen O’Malley Dillon, the Biden-Harris campaign chair, said in a Monday statement.