The struggle for the political soul—and donations—of Silicon Valley is again on in full power after President Joe Biden introduced he can be dropping out of the 2024 presidential race Sunday. It didn’t take lengthy for the world’s richest man, Elon Musk, to restate his case for Republican nominee Donald Trump—and get right into a social media squabble with outstanding enterprise capitalist and Democratic donor Vinod Khosla.
Shortly after Biden formally backed out of the race, Khosla expressed his choice for an open conference to pick the Democratic nominee in a submit on X, the platform Musk owns.
“Come on Vinod,” the Tesla and SpaceX cofounder replied, reiterating his help for former president Trump and his newly chosen working mate, J.D. Vance.
Come on, Vinod. Trump/Vance LFG!!
— Elon Musk (@elonmusk) July 21, 2024
Khosla, an investor in OpenAI price about $8 billion, was prepared to have interaction.
“Hard for me to support someone with no values, lies, cheats, rapes, demeans women, hates immigrants like me,” wrote Khosla, who grew up in India earlier than incomes graduate levels from Carnegie Mellon and Stanford. “He may cut taxes or reduce some regulation but that is no reason to accept depravity in his personal values.”
Within the exchanges that adopted, Khosla and Musk agreed about distrusting media organizations and the necessity to promote particular person freedoms. They clashed, nonetheless, about what a Trump presidency would imply for the struggle towards local weather change and America’s management in NATO.
Khosla completed by asking Musk if he was keen to forgive Trump for the previous president’s position within the Capitol rebellion on Jan. 6, 2021. Musk didn’t reply.
And @elonmusk are you keen forgive him for making an attempt to subvert democracy on Jan 6 and push for rebellion simply to win? He was doing all the pieces, unlawful or not, to attempt to win whereas his personal deeply partisan cupboard tried to regulate him and get him to cease https://t.co/mPH4X5Ug7E
— Vinod Khosla (@vkhosla) July 21, 2024
The social media sparring highlighted a flashpoint in historically liberal Silicon Valley. A number of the largest (and richest) names in tech, together with Musk, Peter Thiel, and enterprise capitalists Marc Andreessen and Ben Horowitz, have publicly backed Trump.
By deciding on Vance—the freshman Ohio senator and creator of bestselling memoir Hillbilly Elegy—as his vice-presidential nominee, Trump strengthened his ticket’s ties to the VC world, the place Vance made his profession after graduating from Yale Legislation College. Thiel, Vance’s largest VC backer, helped introduce Vance to Trump at Mar-A-Lago in 2021, with Vance incomes Trump’s blessing for his Senate run regardless of his previous criticism of the previous president.
However Vance, the primary millennial on a significant social gathering ticket, is removed from an ally of Large Tech and those that see elevated regulation as an existential risk to funding and innovation. Vance has praised Federal Commerce Fee chair Lina Khan for main the company’s antitrust enforcement cost. He’s additionally reached throughout the aisle to progressive colleagues like Elizabeth Warren to introduce payments just like the “Stop Subsidizing Giant Mergers Act.”
To run towards Trump and Vance, Khosla initially tagged Michigan governor Gretchen Whitmer and Pennsylvania governor Josh Shapiro as lawmakers he needed to see compete for the Democratic nomination, later including Kentucky governor Andy Beshear and Harris, who Biden endorsed shortly after dropping out, to the checklist. All three governors rapidly bought behind Harris, nonetheless, who seems set to be the nominee after her marketing campaign mentioned it raised practically $50 million Sunday.
LinkedIn cofounder Reid Hoffman was among the many first Silicon Valley executives to publicly help Harris, who hails from the Bay Space and has been a previous ally to California’s massive tech corporations.
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