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Welcome back to The Stratosphere.
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The Stratosphere

Tonight, a look at the new toast of Silicon Valley—Ron DeSantis.

It’s no surprise that Corporate America is not praying for a second Trump administration. But DeSantis is using his Florida reelection run to consolidate his financial support from the tech industry, money that DeSantis could likely roll over to a presidential run in just a few months’ time.

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DeSantis Plays the Silicon Valley Money Machine
DeSantis Plays the Silicon Valley Money Machine
Ron (and Casey) DeSantis have been spending some time with the Thiels and Musks of the world as the tech industry rallies around a potential new 2024 favorite.
THEODORE SCHLEIFER THEODORE SCHLEIFER
A great fiction about the 2024 election season is that it hasn’t yet begun: Gavin Newsom is already running ads softly positioning his national profile in ways that would help if Joe Biden decides, after the midterms, that his advanced age relegates him to a single term. The putative Republican field, as my Puck colleague Tara Palmeri noted yesterday, is hyper-populated: Donald Trump is tempting regulators at the F.E.C., saying aloud that he has already made his decision and that an announcement is forthcoming. Meanwhile, Ron DeSantis, despite the obstacle of a reelection this fall,is wooing the sort of big-money contributors one needs to mount a Trump challenge. This week, he traveled to Utah to fundraise from some locals but also some of the country’s wealthiest people who spend their summers in and around Deer Valley.

Silicon Valley is already listening to these entreaties and beginning to place bets, and DeSantis unmistakably has the mojo. While most NorCal leaders are liberal, of course, there still exists a sizable pot of somewhat disrespected conservative money. It may not rival what’s available in Florida, say, or Texas, but it is growing in size and influence. The heavy hitters on the scene are also no longer aristocrats like San Francisco socialite Dede Wilsey, but shrewd tech billionaires who are reshaping California politics, sometimes from Florida and Texas. And almost all of the heavy-hitters in tech worth paying attention to are singing DeSantis’s praises...

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Elon vs. Wall Street
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Casey Bloys's Payday
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Welcome back to The Stratosphere.  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌  Tonight, a look at the new toast of Silicon Valley—Ron DeSantis. It’s no surprise that Corporate America is not praying for a second Trump administration. But DeSantis is using his Florida reelection run to consolidate his financial support from the tech industry, money that DeSantis could likely roll over […]
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