Silicon Valley is betting a Musk-inspired Trump could unleash a startup boom https://t.co/68zO3TEy3o
With Elon Musk’s ascension in Trump-world, tech leaders on the right see an opportunity to bring a start-up ethos to the federal government. https://t.co/zfP55VIWVV
Donald Trump’s first White House win triggered public outcry from tech executives and employees. This week, many of the same tech executives dutifully celebrated his election. https://t.co/zh27XvSV7y

Following Donald Trump's victory in the 2024 U.S. presidential election, several prominent figures in the tech industry, including Elon Musk, Mark Zuckerberg, and Tim Cook, have expressed their congratulations. The support from Silicon Valley's elite is seen as a strategic move, with many tech leaders anticipating a favorable business environment under Trump's administration. Dan Ives of Wedbush predicts that Trump's win could fast-track Tesla's Full Self-Driving (FSD) technology, potentially increasing Tesla's valuation to $1.5 trillion. Ives also noted that the AI piece alone could be worth $1 trillion, calling Musk's bet on Trump a 'poker move for the ages.' Additionally, there is optimism that the new administration will unlock the Department of Defense's $800 billion budget for tech startups, further boosting the sector. Analysts project a boom for the tech industry, with expectations of low taxes and minimal regulation continuing under Trump's leadership.