Big Tech’s Risky Bet on Trump and the GOP Is Not Looking Like a Winner

Tech leaders including Elon Musk, Marc Andreessen and Ben Horowitz have poured unprecedented sums into Republican politics, with Musk alone spending almost half-a-billion dollars in the midterms. Those bets are looking far less promising as Trump’s approval ratings sink and opposition to AI becomes a major campaign issue. Investors wanting to bet on politics would be better off sticking with Kalshi.