Originally known for launching PayPal, Elon Musk, Peter Thiel, and David Sacks leveraged their connection, wealth, and influence to impact U.S. governance. Their cooperative experience as part of the 'PayPal Mafia' allowed them to navigate the tech landscape adeptly. As prominent figures during Trump's administration, they have significantly shaped federal financial policies, despite earlier being associated with anti-regulation sentiments. Their evolving roles emphasize the transformation from private industry leaders to significant government influencers in a short period, reflecting their ambition and strategic positioning in American politics.
Few in the group are well known outside Silicon Valley. But Musk, Thiel and Sacks have eagerly pursued political influence, and when President Donald Trump took power for the second time, their stars ascended.
They went from scrappy guys dodging government regulation to now they are the government, in a generation, said Steve Blank, a Silicon Valley startup guru.
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