Elon Musk supports Trump as billionaires back Kamala Harris in 2024
- Elon Musk actively campaigned for Donald Trump in Pennsylvania in October 2024, spending over $70 million to support Republican candidates.
- In contrast, business leaders like Mark Cuban and several tech billionaires have voiced their support for Kamala Harris, highlighting concerns over Trump's economic policies.
- The divide among business elite reflects a larger discourse on the future of small businesses and the overall economic direction during this crucial election.
In October 2024, Elon Musk rallied support for Donald Trump during a campaign event in Pennsylvania, urging constituents to cast their votes early in this crucial swing state. Musk has been a vocal advocate for Trump, investing over $70 million to support him and other Republican candidates in the current election cycle. In contrast, a number of prominent business leaders have chosen to endorse Kamala Harris, viewing her as a preferable candidate for the future of small businesses and entrepreneurship. Mark Cuban, for instance, campaigned for Harris in Wisconsin, criticizing Trump's economic policies and their potential impact on small businesses. Many tech billionaires, including Laurene Powell Jobs and Sam Altman, have mobilized their support behind Harris, contributing significant financial resources to her campaign. Notably, Mike Bloomberg has invested around $19 million into a super PAC advocating for Harris, underscoring a stark divide among wealthy business figures regarding their political affiliations. The contrasting support for the two candidates reflects broader sentiments within the business community regarding the future direction of the country and the importance of leadership in uncertain economic times.