Silicon Valley Heavyweights, including Musk, had a rally behind the VP pick
A Massive Campaign to End Biden’s Legacy: Elon Musk, The Wall Street Journal, and the News Inside the PAC Theoretical Review
Several close friends of Elon Musk, including Palantir cofounder Joe Lonsdale, venture capitalist Doug Leone, and investor and podcast host David Sacks, have donated lavishly to a super PAC backing former President Donald Trump — and The Wall Street Journal reports that Musk plans on donating as much as $45 million a month to America PAC. In a post on X, Musk replied to the Journal’s article with a meme claiming it was “fake gnus” (fake news), though Bloomberg reported this weekend that he had already contributed an undisclosed amount to the super PAC.
The recent financial disclosures show that America PAC has raised a lot of money. Chris Gober, a prominent Republican campaign finance lawyer, is the leader of the PAC that is focused on encouraging early and mail-in voting in swing states. America PAC has reportedly hired hundreds of employees. In June, The New York Times reported that the PAC spent more than $6.6 million on behalf of Trump in a two-week period, most of which went toward “canvassing/field operations.”
A America PAC representative told The New York Times that they believed that four more years of Biden was a grave threat to the safety of the U.S.
The Tech Industry Wants to Win J.D. Vance: a Republican VP Pick to Run the U.S. Senate in 2022
Correction, July 17th: An earlier version misstated the name of Antonio Gracias’s investment firm. It is not Valor Energy Partners.
Republican figureheads from Silicon Valley are rallying behind former president Donald Trump’s selection of Ohio senator J.D. Vance as his running mate.
It is unsurprising that the tech industry is excited over Vance. Peter Thiel and AOL founder Steve Case were investors in the venture capitalist who worked with them, according to Vance. When Vance ran for US Senate in 2022, Thiel donated $15 million to support his campaign. Sacks also donated $900,000 during the Senate election, according to Open Secrets.
The pick hasn’t wooed all right-leaning investors. The manager of a hedge fund opposed another person.
The chairwoman of the Biden-Harris campaign said that billionaires and corporations are rooting for J.D. Vance, because he and Donald Trump will lower taxes and cause prices to go up for everyone.
