Biden Drops out Sunday and Supports Vice President Kamala Harris as the Democratic Candidate
Biden drops out and billionaires have a response
Vice President Harris declared on Sunday that she plans to “earn and win” the Democratic presidential nomination after President Biden’s statement that he is stepping aside as the party’s candidate. Harris promised in a statement to beat Donald Trump.
Biden stated in a letter to fellow Americans on Sunday that “it is in the finest interest of my party and the country for me to step down and to concentrate solely on fulfilling my responsibilities as President.” Harris was reaching out to fellow Democrats on Sunday to shore up their support.
Billionaires have a response to Biden Dropping Out of the Presidential Journey
Lately, multiple distinguished business leaders and Silicon Valley investors — among them Elon Musk, Bill Ackman, Marc Andreessen, and Ben Horowitz — have publicly come out backing up Donald Trump.
Billionaire Musk’s Response
and Ackman declared their backing after the ex-president was shot in an assassination endeavor. The A16z founders Andreessen and Horowitz suggested Trump’s policies on cryptocurrency and taxes in a long podcast.
Now that the match has been upended at the top of the ticket, here’s how business executives are reacting. Here is the billionaire’s response to it.
Musk published on X shortly after Biden declared his withdrawal: “I believe in an America that maximizes individual liberty and merit. That used to be the Democratic Party, but now the pendulum has swung to the Republican Party.”
“My most intelligent friends, including those living in the San Francisco Bay Area who have been lifelong Dems, are excited about Trump/Vance,” he said.
Musk, who pats himself and X on the back when Biden affirmed the platform (alongside other social platforms), said on July 13 that he “fully” endorsed Donald Trump, joining the checklist of several top Silicon Valley investors supporting the ex-president.
Cuban’s Response
Cuban was one of the first business leaders to respond to Biden’s statement, publishing on X: “Father time is undefeated.”
The entrepreneur had earlier articulated he would persist in supporting Biden after Biden’s catastrophic debate performance in late June.
“Of our 2 candidates, one I would have no problem hiring as a sales spokesperson,” Cuban previously said of Trump in an X post. “He is very good at making people feel comfy and quickly getting what he is trying to sell.”
Sacks’s Response
Sacks, the entrepreneur who established the venture capital fund Craft Ventures, took to X shortly after Biden’s statement. “Biden says he will address the country later this week,” he posted. “Why wouldn’t he do that now? This was stirred. Pelosi wanted him out now.” Sacks further published on X: “First they told us there was nothing bad with Biden. Then they intimidated to overpower him if he didn’t quit the race. Now they’re naming him a ‘hero.’ How can you not be sickened by these individuals?”
In a third post, Sacks said that Democratic Party leaders “believe in selections, not elections.”
Sacks, who previously backed up the Democrat Hillary Clinton, helped manage a $12 million fundraiser for Trump in June and contributed $1 million to the Senate campaign for Trump’s eventual running mate JD Vance.
Hastings’s Response
Hastings, the co-founder and administrative chairman of Netflix, published on X: “Dem delegates need to pick a swing state winner.” Hastings had been one of the enormous Democratic donors calling on Biden to not run again.
“Biden needs to step down to allow a strong Democratic leader to defeat Trump and keep us safe and thriving,” he previously narrated to The New York Times.
Branson’s Response
Branson, the business magnate who co-founded Virgin Group, articulated X that Biden’s choice was “a smart, conscientious decision by an intelligent, principled man and allows the next generation to push America and humankind forward.”
Branson also noted on Virgin’s website, “Now is the time that he should consider what’s at stake and step back from another run,” articulating the president could “still do tremendous good in the world.”
Benioff’s Response
Also, Benioff last week on X wished a “full and quick recovery to President Trump” following the assassination try. He added: “May his body be cured, his mind be comforted, and his soul be relaxed. May he be blessed with power and bravery, and get back to health soon. There is no room in our country for political violence.”
Do you think Kennedy 2024 will happen?
Read Also:
