Tech Billionaires Face Tricky Political Waters After Democratic Midterm Sweep
Many donated money to President Trump’s favored causes and became his allies. Now that political alignment may be a liability.
Crossfiled / Reid Hoffman
3 stories named Reid Hoffman, covered by 5 outlets. Each one is shown beside every other newsroom's version of the same event, with a link to the outlet that filed it.
Many donated money to President Trump’s favored causes and became his allies. Now that political alignment may be a liability.
President Donald Trump’s net worth dropped by $111 million as of early Wednesday afternoon after a Democratic midterm election sweep caused shares of Trump Media & Technology Group, which owns Truth Social, to plummet to an all-time low.
Following Tuesday’s midterm elections, which resulted in major victories for Democrats, prominent tech investors and some of the nation’s wealthiest individuals offered vastly different responses. Reid Hoffman, a billionaire and key Democratic donor, called out Elon Musk over his heavy financial bac
Get the 5 stories every outlet is covering, every morning. Free.
One email a day. Unsubscribe in one click. We host no journalism and never sell your address.