Chamath Palihapitiya, Sri Lankan-born Canadian-American billionaire investor and CEO of venture capital firm Social Capital, has announced new details about a potential run for California governor on Tuesday, Business Insider reported. Palihapitiya tweeted about his intentions to run on Twitter, saying "It's on. #RecallGavinNewsom" with a link to a "Chamath for California Governor" campaign website. Palihapitiya could be running for the 2022 Gubernatorial race or potentially for a special election, though outside of his tweets and website there has not been any official announcement. It does not appear that any political forms have been submitted yet by Palihapitiya to the California Secretary of State. While current California Governor Newsom has not yet confirmed plans to run for governor again in 2022, in his initial tweet Palihapitiya showed his support for a movement that has been sweeping Silicon Valley — Rescue California. By tweeting "#RecallGavinNewsom," Palihapitiya joins an effort to force a recall vote for Newsom which would lead to a special election later in 2021. The movement reached 1.2 million signatures Friday, according to a tweet from California State Assembly member Kevin Kiley. The most recent effort that was started in June is the sixth attempt to oust Newsom in two years. The petition needs to reach about 1.5 million signatures by March 17 in order to force recall. In 2019, Newsom issued a statement condemning earlier recall efforts. "This unwarranted recall efforts will cost California taxpayers $81 million," Newsom said in his response. "It is being pushed by political extremists supporting President Trump's hateful attacks on California." An LA Times investigation into Rescue California, released Saturday, found that early on in the petition several recall campaign leaders worked alongside radical groups like QAnon. Some California residents have been unhappy with Newsom's performance as governor, especially when it comes to inconsistent shutdowns and a slower-than-expected vaccine rollout.