- Business leaders are reacting to President Joe Biden’s decision to drop his bid for a second term.
- They include Elon Musk, Mark Cuban, Brad Smith, and David Sacks.
- The Microsoft exec Smith said Biden had “devoted his lifetime to public service.”
In yet another shocking turn in this year’s presidential race, Joe Biden dropped out Sunday and endorsed Vice President Kamala Harris as the Democratic nominee.
Recently, numerous prominent business leaders and Silicon Valley investors — among them Elon Musk, Bill Ackman, and Marc Andreessen and Ben Horowitz — have publicly come out in support of Donald Trump.
Musk and Ackman announced their backing after the former president was shot in an assassination attempt, while the A16z founders Andreessen and Horowitz pointed to Trump’s policies on cryptocurrency and taxes in a lengthy podcast.
Meanwhile, billionaire philanthropist Melinda French Gates and LinkedIn cofounder Reid Hoffman have voiced their support for Harris.
Now that the race has been upended at the top of the ticket, here’s how business leaders are reacting.
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