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Peter Thiel Expresses Disillusionment with Trump Administration, Withdraws 2024 Support in Interview

In a recent interview with The Atlantic, tech billionaire and PayPal co-founder Peter Thiel expressed his disillusionment with the Trump administration, describing it as "crazier" and "more dangerous" than he had anticipated.


Thiel, who has been a prominent supporter and donor to Trump, stated that he will not be contributing financially to Trump or any other candidate in the upcoming 2024 presidential campaign.


Thiel reflected on his support for Trump as a desperate plea for change, hoping that Trump's election would prompt a critical reevaluation and rebuilding of the nation.


However, he acknowledged his miscalculations, particularly in underestimating the administration's dysfunction, noting their inability to manage basic governmental operations.


The Atlantic's profile on Thiel also delves into his business activities, including his leadership at Palantir, a data analytics firm known for its secrecy.


The article recalls Thiel's mixed feelings in 2018, when he expressed disappointment in Trump's performance but still preferred him over Hillary Clinton or other Republican candidates. Thiel distanced himself from Trump's campaign leading up to the 2020 election, which Trump lost to President Biden.


Thiel also addressed the controversy surrounding the 2020 election, disagreeing with claims that it was stolen from Trump and criticizing efforts to overturn the results.


While Thiel has had a varied political journey, supporting successful candidates like Sen. JD Vance and unsuccessful ones like Blake Masters in Arizona, he does not identify as a "Never Trumper."

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