Why Are Billionaires Tiptoeing Around Trump?

There’s an eerie silence in the C-suites of America. Where business leaders once proudly proclaimed their commitment to democracy after Donald Trump’s cardinal assault on it three years ago, they’re now loath to say anything about the state of the nation, even as it stares down the barrel of a democratic backslide. Save for the Elon Musks and Mark Cubans of the world—who have made full-throated and, in Musk’s case, full-bodied declarations of presidential allegiance—many of…