Venture capitalist Chamath Palihapitiya admitted on CNBC on Tuesday he has completed an entire 180 on President Donald Trump. Palihapitiya stated the media “lied” concerning the president and that he purchased all of it, solely to understand it was all bogus and Trump is a “fantastic” man.
Palihapitiya made the massive pivot throughout an look on Squawk Box, the place he gave CNBC veteran Joe Kernen credit score for being pro-Trump.
“You’re 100% right on Trump. He’s fantastic,” Palihapitiya stated. “Unbelievable person, very smart on top of it, open-minded… great president, so far.”
He defined that he was anti-MAGA for some time, however that he modified his thoughts after seeing the mainstream press protection of Trump was warped.
“The reality is that most of us were lied to by the media about President Trump,” Palihapitiya stated. “And if you just go back to the source material, you should take away two things — one, he didn’t say half the things he said, and two, why did these other people just fabricate what they wanted to say so that they could essentially assassinate his character?”
He continued, “I think that that second thing is completely unacceptable in America and there’s still been no repercussions, really.”
Palihapitiya stated he first copped to being “totally wrong” about Trump on the All-In podcast, which he co-hosts with Jason Calacanis, David Sacks, and David Friedberg; Sacks served because the White House AI & Crypto Czar from January 2025 till March 2026.
After admitting he’d flipped on Trump, Palihapitiya stated Trump referred to as him. The two rapidly struck up a chummy relationship, he stated.
“I got to know him and he is fantastic,” he stated.
His come-to-Trump second follows Palihapitiya saying in 2020 he donated lots of of hundreds of {dollars} to Democratic candidates to spite the president.
“Earlier this year, I decided to donate to the Democrats whenever Trump did something cruel, reckless or strategically incomprehensible,” Palihapitiya posted in June 2020. “He has exceeded all my expectations. He’s responsible for $750,000 to the Dems and counting.”
Watch above through CNBC.
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