Market Data 
- Business leaders are reacting to Joe Biden’s decision to drop his bid for a second term.
- They include Elon Musk, Mark Cuban, Microsoft president Brad Smith and David Sacks.
- Smith said Biden had “devoted his lifetime to public service.”
In yet another shocking turn in this year’s presidential race, Joe Biden dropped out on Sunday and endorsed Vice President Kamala Harris as the Democratic nominee.
Recently, a number of prominent business leaders and Silicon Valley investors — among them Elon Musk, Bill Ackman, and Marc Andreessen and Ben Horowitz — have publicly come out in support of Donald Trump.
Musk and Ackman announced their backing after the former President was shot in an assassination attempt, while the A16z founders Andreessen and Horowitz pointed to Trump’s policies on cryptocurrency and taxes in a lengthy podcast.
Now that the race has been upended at the top of the ticket, here’s how business leaders are reacting.
