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Silicon Valley had a terrible election night. One local billionaire did not

Katherine Langford
Editor-in-Chief · Sunday, November 8, 2026 at 2:00 PM · 1 min read
Silicon Valley had a terrible election night. One local billionaire did not — Monterey Community news

Ripple chairman and San Francisco native Chris Larsen poured more than $22 million into national politics this cycle, much of it to the Democratic candidates and PACs that helped usher in a historic blue wave. In California, he spent millions boosting moderate, business-friendly candidates and measures that scored wins in deep-blue districts.

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