Musk Turbocharges Silicon Valley Support for Trump

Big names in tech are turning Donald Trump’s way, a shift likely to be accelerated by excitement over Elon Musk’s nine-figure commitment and former venture capitalist JD Vance joining the ticket.

Those two developments have punctuated a brewing cultural change in traditionally liberal Silicon Valley, as investors and executives announce their support for Trump over issues including the Biden administration’s stance on artificial-intelligence regulation and crackdowns on acquisitions by big tech. Some say following President Biden’s poor debate performance and Trump’s response to this weekend’s assassination attempt, there is more momentum and permission to support the Republican.

The rising support among tech executives is helping fuel the Trump campaign efforts with funds from deep-pocketed donors. Musk has told people he will donate around $45 million a month to a pro-Trump super political-action committee called America PAC, The Wall Street Journal reported Monday.