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Thiel’s Red Scare

Thiel’s first public comments since his midterm shellacking were a searing indictment of the G.O.P.—and a three-point playbook for 2024.

peter thiel
On Tuesday evening, Thiel delivered a searing indictment of the G.O.P.’s performance in the 2022 election cycle. Photo: John Lamparski/Getty Images
Theodore Schleifer
December 15, 2022

Despite concern that a demoralized and “blackpilled” Peter Thiel might retreat from G.O.P. fundraising after his midterm setback in Arizona, the conservative billionaire has a few thoughts for the Republican Party. On Tuesday evening, Thiel delivered a searing indictment of the party’s performance in the 2022 election cycle at the Reagan Library in Simi Valley, California, marking his first public comments about Senate winner J.D. Vance, Senate loser Blake Masters, and his more general disappointment with how the G.O.P. fared up and down the ballot. It was the most election-focused speech Thiel has given in years.