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Silicon Valley Is Starting to Pick Sides in Musk and Trump’s Breakup
As Elon Musk and US President Trump spar on social media, tech investors and executives are being forced to choose whether to support the most powerful man in business—or the White House.
Their high-profile bromance imploded this week when Musk began using his social media platform X to denounce Trump’s signature policy initiative, known as the “One Big Beautiful Bill Act,” which experts say would cut taxes, reduce healthcare benefits for poor people, and dramatically increase funding for immigration enforcement, while also adding trillions of dollars to the federal deficit. The feud is putting pressure on some of Musk's closest associates from the tech industry, including Trump’s AI and crypto czar David Sacks, Marc Andreessen, and other investors, to choose whether to align themselves with the Tesla CEO or continue supporting the president. In one of a series of rapid-fire posts on social media criticizing Trump and his administration on Thursday, Musk asked his more than 220 million followers whether it was time to “create a new political party in America that actually represents the 80% in the middle.” In a reply, venture capitalist and Y Combinator president Garry Tan wrote that “Kitchen table abundance” rather than “a bunch of grifting BS and virtue signaling and culture wars” should be prioritized.
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