Since the Rohingya genocide we can no longer pretend that Big Tech is apolitical.
Private interest now owns not only your personal life and all your interaction with society and is completely necessary at every step for upbringing children but they also influence elections, not only in authoritarian regimes but also in what we used to think of as liberal democracies.
A select few, not limited to Thiel and Musk, clearly wielded some form of control over the world's biggest economic and military power. Not only classical political questions such as taxation but also including influence over paramilitary powers. That influence only came to a halt when it came to what to do about the Middle East.
The political idea that governments are more important powers than private organizations haven't been based in any real world experience for the past almost three decades now.