Jacob Helberg, a high-ranking policy advisor to Palantir Technologies CEO Alex Karp and a member of the U.S.-China Economic and Security Review Commission, recently shed light on why he and numerous industry peers have transitioned their support from President Joe Biden and the Democratic Party to former President Donald Trump. In an interview with Fox Business host Maria Bartiromo, Helberg, who is both a former Democratic donor and a current executive in the big tech sector, elaborated on the reasons behind this significant shift in allegiance.

“Deep blue turning red as the tide turns. Trump in Silicon Valley, members of California’s starkly liberal technology community turning out to support the from the prison the massive fundraiser last week in the Trump campaign, raking in $12 million at the event,” Bartiromo said.

“You were once a prominent Democrat donor and gave to Biden in his last presidential campaign, but you were there this week supporting President Trump. What happened?” she asked.

“Part of what we have seen over the last four years I came from a one-party state and like a lot of people in California and in Silicon Valley, I saw the Democratic Party get hijacked by the Squad and woke theology,” Helberg said. “President Biden campaigned as a moderate and ultimately has governed as a radical progressive. He has spent all of his time catering to his base, and ultimately, he is now completely out of step with where the rest of the country is.”