Silicon Valley Return on Trump Bet: Shipment Assessment, IPOS Delay

Siliconian Valley’s leaders and financiers have publicly opened their wallets in support of the President Donald Trump 2024 presidential run. Early profitability in 2025, to put it mildly.

Following the sweeping of Trump Plan of tariffs Announced on Wednesday, NASDAQ suffered steep daily drops to complete 10% below the week, the worst index since the beginning of the COVID pandemic in 2020.

Leading CEO of the technological industry rushed to contribute to Trump’s inauguration in January and gave birth to Washington, Colombia. Since then, it has been a slogan.

The market can always turn around, but economists and investors are not optimistic and problems cause potential recession. Seven most valuable US technology companies have lost $ 1.8 trillion in two days.

Apple During the week, 14%slipped, this is the biggest drop in more than five years. TeslaTrump’s Chief Advisor Elon MuskSnaked by 9.2% and has now decreased by more than 40% a year. Musk contributed close to 300 million dollars To help Trump go back to the White House.

Nvidia. Meta and Amazon All were hit by two -digit drops a week. For Amazon, the ninth straight weekly downturn means its longest such unprofitable series since 2008.

If on Wall -Rate is sold from risky assets that are concerned that wide tariff hiking is punished by the United States and the global economy, Fallout sits on the IPO market. Online Klarna -Lee and Stubhub Ticket Market dragged them ipo From the market in the market, a few weeks after submitting the application to the Securities and Exchange Commission, as well as Chime Fintech Company also delay its list.

BuissLast week, the artificial intelligence infrastructure supplier became the first company supported by an enterprise that raised more than $ 1 billion in the US IPO since 2021. But the company reduced its proposals and trades were very changing On the days of opening on the market. On Friday, the shares were immersed in 12%, leaving it 17% above the offer, but below the bottom of their original range.

“You couldn’t create the worst market and macro-assessment for the public,” said Phil Hashet, co-founder PowerPlatform for investment in private companies. “Too much turbulence. All flights are justified before further notice.”

Investor Coreweave Mark Klein with Sura Capital Previously said CNBC that the company could become the first in “Parade IPO”. Now he retreats.

“It turns out that the IPO parade was temporarily stopped,” Klein said CNBC on Friday. “The current tariff situation has pushed these companies to stop and evaluate its influence.”

During last year’s presidential campaign outstanding venture capitalists such as Mark Andressen supported TrumpExpecting that his administration will lead to a boom and eliminates some obstacles to launch the growth created by the Biden administration. Andresen and his partner Ben Haravitz stated in July that their financial support for Trump was due to what they called the best “A little technical order”.

The press -secretary Andresen Haravitsa refused to comment.

Some techniques that supported Trump in the company have taken social media to protect their positions.

Venture Capitalist Keith Rabois, Head Director Khosla Ventures, Posted on x On Thursday, “Trump’s cancellation syndrome turned into tariff syndrome.” He – Note Tariffs are not inflation, effective when the Fentanyl import is reduced, and it expects that “most other countries will soon be a cave”.

It was before the Chinese Finance Ministry said on Friday that it would impose 34% tariff On all goods imported from the United States since April 10.

In Sequoia Capital, which is the largest investor in Klarna, an open fan of Trump Shaun Maguar, wrote on x“The first long -term president of my life” and said in Separate post This, “the price of the stock is almost nothing about the long -term health of the economy.”

However, Chief Economic Advisor by Allianz Mohammed El Eriyan warned on Friday what is the broad raft of Trump import tariffs Underlying the US economy.

“You have had a serious rethinking prospects for growth, with a recession to the US to 50% likelihood, you have observed an increase in inflation expectations, up to 3.5%,” he said in Sylvia Omar in CNBC in the Ambrosetti Forum in Seronobbio, Italy.

Meanwhile, this week, the heads of Tech Megacap companies remained largely silent, and their public relations refused to comment on their thinking.

Microsoft CEO Satya Nadel Friday was in an awkward position on celebrating his company 50 -year At the headquarters of the corporation in Redmond, Washington. Along with the previous two executives Microsoft, Bill Gates and Steve Balmer, Nadel sat down with Andrew Ross Sorkin CNBC for a television interview, which was planned long before Trump’s tariffs.

Asked about the tariffs at the top of the interview, Nadel effectively evaded the question and avoided expressing her views on whether the new Microsoft’s business will interfere.

Balmer whom Nadel’s 2014, A recognized sarkin These are “breakdowns are very difficult for people” and “like” as “Microsoft shareholder, such a thing is not good.” Ballmer and Gates – two of the world’s 12 richest people due to their Microsoft Fortunes.

C-Suites may not be able to remain silent for a long time, especially if recent shocks are poured next week.

LISE buyer who previously assisted the leadership Google Through their IPO and now works as an advisor representing companies, they said that under these circumstances there is no appetite for the risk. But there is a risk that employees get trembling, and they will certainly pay attention to their leaders for assurance.

“While the markets are not solved, and we have the opportunity to access the level of assessment, the heads of the public company must work to reassure potentially problem staff,” the buyer said in an email. “And private companies’ leaderships must clarify plans to get dollars that are already in the treasury.”

– Heiden Field, Jordan Nobe, Leslie Picker, Annie Palmer and Samantha Subin contributed to this report.

Watch: Reportedly Chime delays IPO