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- The end of Joe Biden's reelection bid prompted a reaction from Elon Musk, who backs Donald Trump.
- Musk argued tech-industry loyalty was shifting to Republicans, citing individual freedom and merit.
- Top Silicon Valley investors, including Ben Horowitz and Peter Thiel, are also backing Trump.
Just minutes after US President Joe Biden announced he was dropping his campaign for reelection, Elon Musk on Sunday said that his Silicon Valley friends had already moved on to the Republican Party.
"My smartest friends, including those living in the San Francisco Bay Area who have been lifelong Dems, are excited about Trump/Vance," Musk posted on X.