Following Donald J. Trump’s victory in the presidential election, several prominent business leaders voiced their support for the newly elected president on social media. Executives from tech giants to venture capital firms publicly stated their support for Trump’s economic vision, which they believe would stimulate development and innovation in the corporate sector.
Satya Nadella Chairman and CEO of Microsoft, took to LinkedIn shortly after the results to congratulate the president-elect Trump, “We’re looking forward to engaging with you and your administration to drive innovation forward that creates new growth and opportunity for the United States and the world,” Nadella wrote, the Seattle-based tech giant’s readiness to align with Trump’s pro-business agenda.
Jeff Bezos, the executive chairman of Amazon, also applauded Trump.
In a message posted on X, he wrote, “Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory. No nation has bigger opportunities. Wishing @realDonaldTrump all success in leading and uniting the America we all love.”
Throughout Trump’s campaign, some of the biggest names in tech and finance, including CEO of Tesla and SpaceX Elon Musk and former PayPal CEO Peter Thiel, invested heavily in support of Trump. Musk, who contributed at least $119 million to a super PAC (Political Action Committee) backing the former president, celebrated the win even before the election was officially called, posting, “I fully endorse President Trump.”
Venture capitalist David Sacks also took to social media four hours before Trump’s victory, urging people to “stop denying the election and call it already.” Furthermore, Sacks posted on X back in June supporting Trump on the basis that he would be better for the economy since the Biden administration hindered growth and increased inflation.
However, many conservatives have long accused big tech companies of suppressing their voices and favoring Democrats. When Elon Musk acquired the social media platform Twitter, now known as X, he highlighted this bias as a key issue.
Indian American entrepreneur Danny Gaekwad, a prominent Florida Republican, echoed that sentiment. He suggested that the sudden support from tech leaders for Trump should be viewed through this lens.
“The entire Silicon Valley – with a few notable exceptions such as Musk and Thiel – was against Trump,” Gaekwad told The American Bazaar. “Google and other companies continued to suppress our voices even during the election. Now they want to jump on the bandwagon.”
Despite his criticism, Gaekwad welcomed their support. “We all – including these companies – will benefit from Trump’s policies,” said Gaekwad, a resident of Ocala, FL.
This critique highlights the lingering tension between conservatives and big tech, even as some business leaders now rally behind Trump.
One major convert to the Trump camp is Shark Tank star Mark Cuban, who had previously campaigned for Harris. Even before the election was officially called, Cuban took to social media to acknowledge a Trump victory.
“You won fair and square,” Cuban wrote on X on Wednesday morning. However, Cuban initially endorsed President Joe Biden’s re-election campaign, then shifted his support to Harris after she became the Democratic nominee. Cuban began traveling with Harris on the campaign trail as the election heated up, stopping at rallies in swing states including Arizona, Michigan, and Wisconsin.
Roughly 10 days before the election, the Bezos-owned Washington Post decided not to endorse Vice President Kamala Harris, Trump’s opponent, reportedly acting at Bezos’ behest. The decision triggered a revolt among the paper’s journalists. The editorial board had prepared an endorsement in her favor.
The business community’s support for Trump is a reflection of a larger optimism that his administration will prioritize economic growth first and create an atmosphere that is more conducive to the success of American businesses. As Corporate America watches closely, many anticipate a business-friendly White House committed to accelerating U.S. economic competitiveness.
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