• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
PoliticsU.S. Presidential Election

Mark Cuban admits defeat to Donald Trump and Elon Musk

By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
By
Alena Botros
Alena Botros
Former staff writer
Down Arrow Button Icon
November 6, 2024, 2:10 AM ET
Mark Cuban
Mark Cuban.Richard Rodriguez via Getty Images

Kamala Harris’s billionaire surrogate Mark Cuban just conceded to Donald Trump, and his billionaire backer Elon Musk. 

Recommended Video

“Congrats … You won fair and square,” he said, tagging Trump. He congratulated and tagged Musk, too.

Congrats @realDonaldTrump. You won fair and square.

Congrats to @elonmusk as well. #Godspeed

— Mark Cuban (@mcuban) November 6, 2024

Trump has won two battleground states, North Carolina and Georgia, and the path to victory for Harris is narrower. But the election hasn’t been called by the AP. And Harris has not conceded.

The two billionaires have arguably been their presidential picks’ most vocal supporters, appearing on the campaign trail, conducting interviews, and posting their opinions to social media. Cuban hasn’t donated any money to elect Harris, but Musk has.

On an earlier occasion, Cuban said the race was basically between Harris and Musk, not Trump. “Elon is running the ground game for the Republicans. And that is really what the race is all about the last two weeks,” Cuban previously said in a statement to Fortune. 

The people of America gave @realDonaldTrump a crystal clear mandate for change tonight

— Elon Musk (@elonmusk) November 6, 2024

Earlier this evening, Cuban posted that he was FaceTiming students waiting in long lines to vote, but it appears to have been deleted. Meanwhile, Musk is pretty much taking a victory lap. On X, he posted: “The people of America gave,” Trump, “a crystal clear mandate for change tonight.” Musk posted an edited image of him carrying a sink in the Oval Office, a flashback of sorts to when he purchased Twitter.

Let that sink in pic.twitter.com/XvYFtDrhRm

— Elon Musk (@elonmusk) November 6, 2024

Musk’s super PAC also declared victory for Trump early, posting a message to X saying, “Trump has won the 2024 Election.”

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By Alena BotrosFormer staff writer
LinkedIn iconTwitter icon

Alena Botros is a former reporter at Fortune, where she primarily covered real estate.

See full bioRight Arrow Button Icon

Latest in Politics

PoliticsAirports
RFK Jr. and Transportation Secretary Sean Duffy had a pull-up competition at Reagan to announce Trump’s $1 billion plan for healthy airport upgrades
By Matty Merritt and Morning BrewDecember 11, 2025
6 hours ago
Lindell
PoliticsElections
MAGA’s ‘MyPillow Guy,’ Mike Lindell, challenges Tim Walz in run for Minnesota governor
By Steve Karnowski and The Associated PressDecember 11, 2025
7 hours ago
Lander
PoliticsElections
Brad Lander, with backing from Sanders and Mamdani, takes fight to Levi Strauss heir in lower Manhattan
By Anthony Izaguirre and The Associated PressDecember 11, 2025
11 hours ago
Trump
PoliticsWhite House
New York Times refuses to back down after more ‘Enemies of the People’ rhetoric from Trump
By David Bauder and The Associated PressDecember 11, 2025
11 hours ago
Warren
Big TechAntitrust
Warner Bros. merger fight draws fire across U.S. political divide
By Hannah Miller and BloombergDecember 11, 2025
11 hours ago
Princeton
PoliticsColleges and Universities
Elite colleges’ new affirmative action: record numbers of low-income students enrolling
By Collin Binkley and The Associated PressDecember 11, 2025
12 hours ago

Most Popular

placeholder alt text
Success
At 18, doctors gave him three hours to live. He played video games from his hospital bed—and now, he’s built a $10 million-a-year video game studio
By Preston ForeDecember 10, 2025
2 days ago
placeholder alt text
Economy
‘Be careful what you wish for’: Top economist warns any additional interest rate cuts after today would signal the economy is slipping into danger
By Eva RoytburgDecember 10, 2025
1 day ago
placeholder alt text
Politics
Exclusive: U.S. businesses are getting throttled by the drop in tourism from Canada: ‘I can count the number of Canadian visitors on one hand’
By Dave SmithDecember 10, 2025
2 days ago
placeholder alt text
Investing
Baby boomers have now 'gobbled up' nearly one-third of America's wealth share, and they're leaving Gen Z and millennials behind
By Sasha RogelbergDecember 8, 2025
3 days ago
placeholder alt text
Success
Netflix–Paramount bidding wars are pushing Warner Bros CEO David Zaslav toward billionaire status—he has one rule for success: ‘Never be outworked’
By Preston ForeDecember 10, 2025
1 day ago
placeholder alt text
Uncategorized
Transforming customer support through intelligent AI operations
By Lauren ChomiukNovember 26, 2025
15 days ago
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map

© 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.