WATCH: Billionaire Chamath Palihapitiya Skewers Media for Lying to Public About Trump

July 16th, 2026 12:37 PM

A former Trump critic from the American liberal billionaire class has come full circle and turned his crosshairs onto the media for being so afflicted with TDS that they have no problem lying to the public about President Donald Trump regardless of the facts.

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Billionaire and All-In Podcast co-host Chamath Palihapitiya joined the July 14 edition of CNBC’s Squawk Box and took a blowtorch to the incessant level of anti-Trump sludge filtering through the media ecosphere like the New York City sewer system. “The reality is that most of us were lied to by the media about President Trump,” Palihapitiya told CNBC co-anchors Andrew Ross Sorkin and Joe Kernen.  

When one reviews the incendiary, Trump-hating media “source material” from years past, Palihipitiya stipulated that one comes to two realizations that make for significant redpilling:  

One, [Trump] didn't say half the things he said. And two: Why did these other people just fabricate what they wanted to say so that they could essentially assassinate his character? I think that that second thing is completely unacceptable in America, and there's still been no repercussions, really.

MRC research has shown repeatedly that broadcast and cable news will try to embellish anything into a Trump scandal eclipsing Watergate. For example, NewsBusters Media Editor Bill D’Agostino calculated June 26 that lefty networks ABC, CBS, NBC, CNN and MS NOW spent almost 10 hours (579 minutes and 31 seconds) of news coverage trying to make the Lincoln Memorial reflecting pool algae affair — which has since been linked to criminal vandalization — the political offense of the 21st century. 

Palihapitiya pointed out that President Trump called him after he publicly admitted he was wrong in his initial perceptions of the media framing of the infamous “Fine People” hoax in Charlottesville. “I got to know him and I put the phone down. I called my wife, and I said, ‘We got it totally, totally wrong. We were lied to.’ And then I got to know him and he is fantastic,” Palihapitiya stated.

Sorkin was visibly disturbed by Palihapitya’s dress down of the media and tried to box him into a corner by challenging him to specify where he disagrees with Trump for “the people on the other side of this.” Palihapitiya didn’t take the bait. Aside from mentioning a few areas where he felt could have been handled with more precision -- on DOGE cuts, there was "too much glass broken" -- he argued that Trump “has been way more right than wrong” on a holistic basis, including the ongoing Iran War, since Iran is a "madman country" that could cause a nuclear war.