Peter Thiel attends a news conference in Tokyo, Japan, on Monday, Nov. 18, 2019.
Photographer: Kiyoshi Ota/Bloomberg
Wealth

Peter Thiel’s Deep Ties to Trump’s Top Ranks

The tech magnate has many links to the new Trump administration and the cost-slashing effort led by Elon Musk.

A billionaire tech entrepreneur who used his wealth and influence in Silicon Valley to help Donald Trump win the presidency has deep connections to the new administration’s efforts to remake the government.

His name? Peter Thiel.

While Elon Musk and a crew of longtime employees and young acolytes have been fanning out across Washington under the banner of the Department of Government Efficiency, more than a dozen people with ties to Thiel — including current and former employees of his companies, as well as people who have helped manage his fortune or benefitted from his investments and charitable giving — have been folded into the Trump administration.

Some Thiel allies have held high-ranking government posts before, while others are heading to Washington for the first time. Thiel himself has no formal role in the Trump administration.

Musk and Thiel have been intertwined since the early days of PayPal, which Thiel helped found and where Musk briefly served as CEO. Since then, Musk, who leads Tesla Inc., SpaceX and other companies, has become the world’s richest person, while Thiel has built a multifaceted empire ranging from software firm Palantir Technologies Inc. to investment offices with stakes in top Silicon Valley startups.

The early bonds between the billionaires have persisted, and others in their orbit have gained power and influence. The so-called PayPal Mafia — a group of Silicon Valley stars with links to the payments app's formative period — has become integral to the second Trump administration. The men — they’re all men — have overlapping business interests and have been outspoken about the importance of US tech dominance.

Thiel is an investor in several of Musk’s companies, including SpaceX, Neuralink and Boring Co., while Musk’s new DOGE effort has borrowed from the Thiel brain trust, recruiting staffers specifically from his world of philanthropy and business.

Several companies that are backed by Thiel depend on government contracts. Since Trump was elected, Palantir’s stock has soared more than 90%. In February, Anduril Industries, a defense technology startup backed by Thiel’s Founders Fund, landed an expanded role in a deal with the US Army that could be valued at more than $20 billion. The week before that announcement, it was reported that Anduril’s valuation could double thanks to a $2.5 billion funding round led by Founders Fund. This week, Scale AI, another Founders Fund portfolio company with its managing director now in the Trump administration, announced a new deal with the Department of Defense.

A spokesperson for Thiel didn’t respond to a request for comment. None of the other individuals named in the graphic below, who were contacted by phone, email or LinkedIn messages, responded to requests for comment.

While links between industry and government have always existed, the current state of play is “unprecedented in the modern era,” said Quinn Slobodian, professor of international history at Boston University.

“The ambition seems to be more than just working at an arm’s length and profiting from state contracts,” Slobodian said. “There is an ambition for a bottom-up renovation of how the government operates.”

Musk had mostly stayed out of politics until last summer, when he became Trump’s biggest financial backer. Thiel was a prominent supporter of Trump in 2016, but later was critical of the president. Before the 2024 election, Thiel said he wouldn’t donate to candidates, though he did say he would vote for Trump, who selected Thiel ally JD Vance as his vice president.

Musk has been very public in wielding his new power, demanding on X that federal workers justify their roles and turning up for press conferences at the White House.

Thiel, meanwhile, has remained off stage as his allies settle in. Here are the people from his world who are now working with the new administration.

Filter by connection
Palantir is the defense and surveillance software company Thiel co-founded.
Anduril is a defense tech startup, co-founded by several ex-Palantir executives. Thiel is a major investor.
Thiel and several allies are part of a group of famous Silicon Valley men with ties to PayPal’s early days.
Elementus is a blockchain data analytics firm with ties to Palantir.
Mithril is one of Thiel’s many investing outfits.
The Thiel Foundation is the billionaire’s philanthropic vehicle.
Clarium is Thiel’s now-defunct hedge fund.
Thiel Capital is one of the billionaire’s investment firms.
Scale AI is a Thiel-backed AI data startup.
Founders Fund is a major venture capital firm co-founded by Thiel.

Akash Bobba

Government Role Department of Government Efficiency
Connections Palantir
Akash Bobba, 21, was an intern at Palantir. He is now working with Musk in the Department of Government Efficiency.

Anthony Jancso

Government Role Department of Government Efficiency
Connections Palantir
Anthony Jancso used to work for Palantir. Now he’s helping recruit DOGE members.

Clark Minor

Government Role Chief Information Officer at the Department of Health and Human Services
Connections Palantir
Clark Minor worked at Palantir as a software engineer and in other roles for nearly 13 years. He has been tapped to serve as chief information officer of the Department of Health and Human Services, overseeing information security, cybersecurity, privacy and records management. HHS has contracts with Palantir.

Colin Carroll

Government Role Chief of Staff to the Deputy Secretary of Defense
Connections Anduril
Colin Carroll moved to a new position as chief of staff at the Department of Defense from his role at Anduril.
Government Role AI and Crypto Czar
Connections PayPal
David Sacks is a longtime associate of Thiel. A PayPal co-founder, he is the author with Thiel of The Diversity Myth. Trump named Sacks the White House AI & crypto czar, saying he will “safeguard Free Speech online, and steer us away from Big Tech bias and censorship.”

George Cooper

Government Role Department of Government Efficiency
Connections Palantir
George Cooper was reported by Wired to be recruiting for DOGE on the social platform Discord. Cooper, who has spent several years as a software engineer at Palantir, wrote in a Palantir-related Discord group that he’s “always found Palantirians & ex-Palantirians to be the most exceptional people I know,” according to Wired.

Gregory Barbaccia

Government Role Chief Information Officer at the Office of Management and Budget
Connections Palantir, Elementus
Gregory Barbaccia worked at Palantir for a decade before leaving to run blockchain company Elementus. Barbaccia is now CIO of the Office of Management and Budget. He was one of the Trump officials who interviewed agency personnel in the days after the inauguration, according to a person who was interviewed by him and asked not to be identified.

Jacob Helberg

Government Role Under Secretary of State for Economic Growth, Energy, and the Environment*
Connections Palantir, Married to former PayPal executive Keith Rabois
Jacob Helberg is married to Keith Rabois, an early PayPal executive and former general partner at Founders Fund. Helberg was a senior adviser to Palantir CEO Alex Karp on national security and fellow at the Palantir Foundation, according to his LinkedIn profile. In December, Trump named him Under Secretary of State for economic growth, energy and the environment.
Government Role Vice President
Connections Mithril Capital, Political donation
Vance saw Thiel speak at Yale Law School in 2011 and later joined his Mithril Capital. Thiel became a mentor and bankrolled Vance’s Ohio senate run with a record $15 million. In 2021, Thiel brought Vance to Mar-a-Lago to patch up his relationship with Trump. Two days before Trump’s inauguration, Vance visited Thiel’s Washington home for a party.
Government Role Deputy Secretary of the Department of Health and Human Services*
Connections Thiel Foundation, Mithril Capital, Clarium Capital, Breakout Ventures
Jim O’Neill’s government career predates his Thiel ties, with roles at the Education and Health and Human Services departments starting in the early 2000s. He joined Thiel’s Clarium Capital in 2008, and in 2010, co-founded the Thiel Fellowship. Trump picked him to serve as deputy secretary at HHS, the No. 2 position in the agency.
Government Role Ambassador to Denmark*
Connections PayPal, Founders Fund, Clarium Capital
Ken Howery has been linked to Thiel since the 1990s at Stanford University, where Howery was an editor at the student-run newspaper Thiel started a decade earlier. Howery co-founded PayPal alongside Thiel and others, and later co-founded Founders Fund. He was ambassador to Sweden in Trump’s first term and was nominated in December as ambassador to Denmark.

Luke Farritor

Government Role Department of Government Efficiency
Connections Thiel Foundation
Luke Farritor, one of the so-called “DOGE kids” working across federal agencies, was a Thiel Fellow before coming to Washington. The fellowship is a competitive $100,000 award for young entrepreneurs who drop out of college to start a business. Farritor recruited for DOGE in the Thiel Fellow WhatsApp group chat, according to messages seen by Bloomberg.
Government Role Assistant to the President for Science and Technology
Connections Clarium Capital, Thiel Capital, Scale AI
Michael Kratsios worked at Clarium Capital and Thiel Capital. He was the White House chief technology officer in Trump’s first term before taking a high-ranking Pentagon post. He later worked at a Thiel-backed AI data company with government contracts. In December, Kratsios was nominated as director of the White House Office of Science and Technology Policy.

Michael Obadal

Government Role Army Undersecretary*
Connections Anduril
Michael Obadal, who most recently served as a senior director at Anduril, was nominated in March to be the Army’s No. 2 civilian official. At Anduril, he worked on the Next Generation Command and Control project with the Army, according to an automated response from his company email address. Prior to his work at Anduril, he spent 27 years as a military officer.

Patrick Witt

Government Role Department of Defense Chief of Staff, Office of Strategic Capital
Connections Political donation
Patrick Witt’s unsuccessful Georgia House of Representatives campaign received several small donations from Thiel. Witt served as an official in Trump’s first administration. A former quarterback for Yale University’s football team, he was sworn in as chief of staff at the Department of Defense’s office of strategic capital in January.

Ryan Wunderly

Government Role Department of Government Efficiency
Connections Anduril
Ryan Wunderly spent more than four years as a robotics engineer at Anduril before joining Musk’s DOGE, working inside the Treasury Department, according to a recent legal filing.

(Updates with information about Michael Obadal in graphic.)

More On Bloomberg