Tom Steyer conceded the California governor's race on June 10, 2026, stating that he did not have enough votes to advance to the general election in November. In a letter posted on X, he acknowledged the outcome of the jungle primary, which has narrowed the field to two candidates: former Fox News host Steve Hilton and former Health and Human Services Secretary Xavier Becerra. Steyer, a billionaire hedge fund founder and environmental activist, spent over $200 million on his campaign and previously ran for the Democratic presidential nomination in 2020. He advocated for progressive policies, including the abolition of ICE and universal healthcare, and received an endorsement from Senator Bernie Sanders. In his concession, Steyer criticized corporate interests for their significant spending against him, which he claimed influenced the primary's outcome. California's jungle primary allows candidates from all parties to compete on the same ballot, with the top two advancing to the general election.
Tom Steyer Concedes California Governor Race After Jungle Primary
Tom Steyer has conceded the California governor's race after failing to secure enough votes in the jungle primary held on June 10, 2026. The primary has resulted in a runoff between Steve Hilton and Xavier Becerra for the November election. Steyer criticized corporate spending as a factor in his campaign's outcome.
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Billionare Tom Steyer ends California governor campaign after falling short in Jungle Primary
Tom Steyer Concedes California Governor Race After Jungle Primary