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Jamie Dimon, Howard Schultz and other CEOs spoke out on Election Day

Jamie Dimon, Howard Schultz and other CEOs spoke out on Election Day

  • Business leaders are speaking out on Election Day, including Starbucks founder Howard Schultz.
  • Schultz and JP Morgan’s Jamie Dimon called for unity. None of them supported their candidate.
  • Elon Musk and Reid Hoffman also confirm their support for Trump and Harris, respectively.

Election Day is finally here, and leaders of some of the biggest companies are speaking out: Former Starbucks CEO Howard Schultz is calling for a peaceful transfer of power and Elon Musk is reiterating his support for Donald Trump.

Major players such as Musk and Blackstone CEO Stephen Schwarzman supported former President Trump. On the other side, business heavyweights like the billionaire star from Shark Tank Mark Cuban and LinkedIn co-founder Reed Hoffman are campaigning for Vice President Kamala Harris.

While some business leaders have voiced their political views ahead of Election Day, others have resisted: As Business Insider’s Brian Metzger recently wrote, some hesitation may be due to fear of retaliation from Trump if he is re-elected – or it may simply be based on the belief that meddling in politics is bad for business.

Here’s what some of the biggest US business leaders are saying on Tuesday ahead of the election results:

Former Starbucks CEO Howard Schultz


Howard Schultz

Howard Schultz called for peace and unity on Tuesday.

Spencer Platt/Getty Images



Howard Schultzwho served as CEO of Starbucks several times over four decades, moved to LinkedIn on Tuesday to underscore the seriousness of this election and call for a peaceful transfer of power.

“Make no mistake, this election is the most important decision our citizens will make,” Schultz wrote in his post.

“Once every vote is counted and certified, we must accept the election results and ensure a peaceful transfer of power,” he said. “In an era of rapidly spreading information infecting many of us with false narratives and lies, we must remind each other of the foundations of our country.”

While the former CEO who honorary chairman and no longer holds an executive position at Starbucks, has not announced his support for a presidential candidate this election cycle, he previously supported Joe Biden in 2020 And Hillary Clinton in 2016.

LinkedIn co-founder Reed Hoffman


Reid Hoffman

Reid Hoffman publicly supported Kamala Harris.

Kimberly White/Getty Images



Reed Hoffmanco-founder of LinkedIn, and now a partner at the venture capital firm Greylock Partners, published video message on X on Tuesday to confirm your support from Harris.

“My message to American voters and Russian bots: don’t vote for the guy who is too busy selling you scamcoins,” Hoffman wrote on X above his video message. Trump launched his own cryptocurrency, $WLFIin October, after his foray into the decentralized finance market with the cryptocurrency exchange platform World Liberty Financial.

“Vote for Vice President Harris, who knows how to put business and the American people first,” Hoffman said in a statement.

“She understands the importance of founders,” Hoffman said of Harris in his video, adding, “She wants founders to succeed. And only for the country, not for her.”

Tesla and SpaceX CEO Elon Musk


Elon Musk grins

Elon Musk regularly shares messages of support for Trump, and Election Day is no exception.

Mark Piasecki/Getty Images



One of Trump’s most ardent supporters And largest donorsSpaceX billionaire and Tesla CEO Elon Musk continued his steady stream of posts on X on Tuesday.

In addition to reposting several pro-Trump messages from other X users, Musk wrote several election-related posts of his own.

In response to a video of MSNBC’s Joe Scarborough criticizing Trump supporters and listing a number of Trump’s more extreme statements: Musk wrote“The legacy media is hoping the daily hoax will scare off DJT. This won’t work.”

Billionaire wrote another post suggesting that Trump will win a landslide in Pennsylvania if the same number of state Republicans vote for Trump in person this year as in 2020.

Billionaire venture capitalist Vinod Khosla


Vinod Khosla.

Vinod Khosla signed a list of venture capitalists backing Harris.

Stephen Ferdman/Getty Images



Vinod KhoslaOpenAI investor and founder of Sun Microsystems, pledged his support to Harris. His name is one of hundreds on the list Venture capitalists for Kamala.

On Monday, Khosla made his views on Trump clear on X. criticize the former president for suggesting he might support Robert F. Kennedy Jr.’s call to ban certain vaccine.

Khosla, who previously got into a fight with Muskresponded Monday to a post from X’s owner saying all independents and swing voters are siding with Trump.

“Simply Wrong” Khosla wrote back to Musk. “I’m an independent who doesn’t vote for Trump.”

Cantor Fitzgerald CEO Howard Lutnick


A man stands at the Trump/Vance podium.

Howard Lutnick, a Wall Street financier and co-chair of Trump’s transition team, reiterated his support for the former president on Tuesday.

ANGELA WEISS/AFP



Howard Lutnick, CEO of financial services company Cantor Fitzgerald and co-chair of Trump’s transition team, reiterated his support for the former president in identical Election Day posts on X and Truth Social.

“Today is the day. I’m proud to vote for President @realDonaldTrump“, Lutnik wrote. “It will protect the American workforce, unleash our country’s ingenuity and strengthen our economy. Join me and go to the polls and we will make America great again.”

Lutnik suggested Philadelphia explorer and to Financial Times that loyalty to Trump will be one of the most important factors in selecting possible appointees for a second Trump administration.

The Wall Street financier’s name was published as potential Trump cabinet member positions including Secretary of the Treasury or US Ambassador to Jerusalem, Bloomberg reported.

JP Morgan Chase CEO Jamie Dimon


Jamie Dimon

Jamie Dimon released a statement on Election Day.

Brooks Kraft LLC/Corbis via Getty Images



JP Morgan Chase CEO Jamie Dimon hasn’t publicly endorsed any candidate this year, but in a statement he called on all Americans to rally behind whoever is elected next.

“Our country is now coming off one of the most difficult and at times divisive elections in our recent history,” Dimon said.

“The time will soon come for all of us to unite behind our elected president and all our national leaders. We must begin the work of uniting our nation and focusing on the pressing economic and global issues facing us.”

Dimon’s wife Judith Kent worked on Kamala Harris’ election campaign. on the weekend.

Oculus VR founder Palmer Luckey


Palmer Luckey, founder of Oculus and Anduril Industries, speaks at The Wall Street Journal's WSJ Tech Live conference in Laguna Beach, California on October 16, 2023.

Palmer Luckey, founder of Oculus and Anduril Industries, supports Donald Trump.

Patrick T. Fallon/Getty Images



Palmer Lucky — who founded defense technology company Anduril and VR company Oculus, which he later sold to Meta for $2 billion — urged people to get out and vote on Tuesday.

“Pokémon are going to the polls!” Lucky wrote on X.

Lucky was one of the few tech executives to support Trump during his first presidential campaign, and he criticized other leaders of large technology companies for jumping on Trump’s bandwagon until later in the game.

The sometimes controversial billionaire who said he “Major League support for Donald Trump is no secret” also criticized the Harris-Waltz campaign’s Fortnite map. by X in recent days.

Meta-Technical Director Andrew Bosworth


Meta CTO Andrew Bosworth

Meta CTO Andrew Bosworth is delighted with the end of the political texts.

JOSH EDELSON/AFP/Getty



Andrew BosworthMeta’s CTO, wrote on Threads on Tuesday about his excitement about political correspondence comes to an end.

“Happy No Political Texting Day to those celebrating!” Bosworth wrote in the topicadding in a follow-up post, “(I voted a few weeks ago by mail. Go vote if you haven’t already).”

Manufacturing and business leaders speak out

National Association of Manufacturers and more than 600 business leaders in the manufacturing sector. issued a letter on Tuesday, addressed to the “president-elect,” whoever that may be.

In it, leaders promise to work with the new president while emphasizing the importance of national unity and a peaceful transition of power.

“The days following a difficult election have always been a time for healing, finding common ground, and renewing our focus on what unites us as a people,” the letter said. “The peaceful transition of power is the hallmark of our democracy and is essential to ensuring continued confidence in the rule of law—a commitment that has made America exceptional.”

The letter was signed by CEOs of major companies, including General Motors, Eli Lilly, Lockheed Martin, General Mills, Johnson & Johnson, Penske and Panasonic.