Entrepreneurs on the Campaign Trail: Cuban for Harris, Musk for Trump

By: Antony Vega

Published 10/29/2024

Mark Cuban and Elon Musk are making waves with their surprising endorsements. Cuban is backing Vice President Kamala Harris, while Musk has thrown his support behind former President Donald Trump. Their involvement in the campaign not only captures attention but also highlights the evolving role of entrepreneurs in American politics.

Mark Cuban

Mark Cuban, the billionaire owner of the Dallas Mavericks and a well-known investor, has come out in support of Kamala Harris. Cuban's decision reflects his belief in her commitment to issues like economic recovery, social justice, and innovation areas he sees as crucial for the country's future.

From Business Insider

In an email to Business Insider back in August Cuban stated, "I think she showed that she intends to be supportive of business. Particularly small business and entrepreneurs."

Cuban has always been an advocate for practical solutions that promote growth and inclusivity. He believes Harris has the ability to connect with a diverse range of voters and address their needs. By backing her, Cuban hopes to attract moderates and independents who are looking for a progressive yet pragmatic approach to leadership. His active participation on the campaign trail aims to amplify Harris's message, especially among younger voters and those in the business community.

Elon Musk

Elon Musk has chosen to support Donald Trump, a decision that has raised eyebrows given Musk's stature in the tech world. His endorsement is based on the belief that Trump's policies can drive economic growth and technological innovation, aligning with Musk's vision for the future.

Musk has often praised Trump's emphasis on deregulation and support for businesses, seeing these as essential for innovation in sectors like energy and transportation. The billionaire entrepreneur decision to invest over $70 million in a political action committee (PAC) shows his commitment in re-electing Donald Trump. He has gone as far as pledging to give away $1 million a day to voters for signing his political action committee’s petition backing the Constitution.

Photograph: JIM WATSON/Getty Images

The Power of Celebrity Endorsements

The endorsements from Mark Cuban and Elon Musk highlight the increasing role of celebrity influence in politics. Both are prominent figures with the power to sway public opinion, particularly among younger voters. Their choices spark important conversations about how business leaders can engage in political discussions. Together, they present a variety of perspectives that encourage voters to think beyond traditional party lines and consider a broader range of ideas and solutions.