Billionaires in Silicon Valley pivot towards Trump beyond tax issues

Reported 11 months ago

Billionaires in Silicon Valley, including Elon Musk, are increasingly aligning with Donald Trump for reasons beyond taxes, focusing on access to power and social issues. The pivot towards Trump by tech tycoons like David O. Sacks and Chamath Palihapitiya reflects a shift in the valley's stance, with experts noting a historical pattern of wealthy individuals supporting the party that defends wealth. While previous billionaire classes prioritized economic concerns, the current group led by Musk also emphasizes social issues. This trend challenges past norms and highlights the complexity of billionaires' engagement in politics.

Source: YAHOO

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