Key Takeaways
Like many Americans around the country who woke up to the news that Donald Trump would once again be their president, Silicon Valley leaders surely experienced different emotions depending on their political preferences.
Some of Trump’s biggest supporters, including Elon Musk and Marc Andreessen, were understandably jubilant. Meanwhile, those who favored Kamala Harris to win were more muted.
Having become severely critical of the incumbent administration in the past year and after playing an important role in getting Trump elected, Musk made a string of posts on X as it became apparent that a Trump victory was imminent.
In one, he said voters had given Trump “a crystal clear mandate for change.” He followed this by sharing an image of a SpaceX rocket with the caption, “the future is gonna be fantastic.”
Reflecting his sentiment that the Democratic leadership has stifled innovation with overburdensome regulations, he concluded, “America is a nation of builders. Soon, you will be free to build.”
Alongside Musk, the venture capitalist Marc Andreessen has been among Trump’s most outspoken Silicon Valley supporters.
Reposting Musk’s comment on X, he said, “It’s time to build,” emphasizing their shared belief that a Trump presidency will unlock American innovation.
Of course, the dissonance between Andreessen’s free market maximalism and Trump’s trade isolationism reflects an unavoidable tension bubbling below the surface of the entire Trump project that may erupt at some point. But for now, the uneasy union of divergent political ideologies has scored an important victory.
In the run-up to Tuesday’s election, Mark Cuban emerged as a kind of social media counterweight to Musk and Andreessen, standing up for neoliberal orthodoxy and rejecting the neoconservative movement’s more bombastic rhetoric.
Despite supporting Harris throughout the election campaign, he offered his congratulations to both Trump and Musk.
Since many conservatives have criticized Google for its alleged liberal bias, CEO Sundar Pichai has been careful to present a neutral front throughout the 2024 election cycle.
In a company memo reported by The Washington Post , Google CEO Sundar Pichai urged employees to ensure Google’s products remain a trusted source of information for everyone.
Like the U.S. stock market more generally, Alphabet stock has been up since Trump’s victory was confirmed, reflecting similar gains for Tesla, Nvidia, and Microsoft.