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Trump and Thiel’s relationship soured in 2023 after Thiel refused to support Trump’s campaign for reelection. However, in an interview with the was tapped to be Trump’s running mate, expressed he was more “hopeful” for a second Trump term than he was before.
Thiel and others in Silicon Valley were reportedly hoping that Vance would be Trump’s vice presidential pick.. Thiel spent a combined $35 million that election year, but has since indicated that he looks to roll back being so involved with partisan politics. Vance had the backing of other Silicon Valley mega-donors like tech entrepreneur David Sacks and Palantir adviser Jacob Helberg, as well as Trump’s son, Donald Trump Jr.
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