A growing number of Silicon Valley’s most influential tech billionaires, led by Elon Musk, are breaking ranks with traditional politics and putting their wealth and influence behind Donald Trump’s 2024 presidential campaign, Breitbart reported.

According to The New York Times report, this tech-driven donor class, including figures like Peter Thiel and David Sacks, has begun contributing heavily to Trump’s campaign and aligned super PACs. These billionaires, once distant from traditional Republican circles, now represent an influential faction within the GOP’s donor base, diverging from the party’s past financial backers.

The tech leaders supporting Trump are distinctive in their approach by making public statements about their political contributions, and some have even used social media to announce their donations. Their motivations stem from a combination of self-interest, a political philosophy centered around limited government intervention, and a desire to influence policy in ways that benefit their technological ambitions.

Read more at Newsmax© 2024 Newsmax. All rights reserved.