Tags: trump | inauguration | big tech | banks

Corporate America Donates to Trump Inauguration

Corporate America Donates to Trump Inauguration
Mark Zuckerberg at the Meta Connect conference, Sept. 25, 2024, in Menlo Park, Calif. (Godofredo A. Vásquez/AP)

Tuesday, 17 December 2024 05:10 PM EST

Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.

Trump is set to take office in January and executives are hoping a positive rapport with his administration, such as the one Tesla boss Elon Musk has established, could mean notable benefits for their companies.

Below is a list of companies that are contributing funds for Trump's inauguration for his second term in the White House.

UBER TECHNOLOGIES

Uber Technologies and its CEO Dara Khosrowshahi donated $1 million each, a company spokesperson told Reuters.

AMAZON.COM

Amazon is donating $1 million. The company will also air the inauguration event on its Prime Video service, an Amazon spokesperson said.

META PLATFORMS

Meta Platforms has donated $1 million, a company spokesperson told Reuters.

OPENAI

CEO Sam Altman is planning to make a personal donation of $1 million to the inaugural fund, an OpenAI spokesperson confirmed.

"President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman said in a statement.

BANK OF AMERICA AND GOLDMAN SACHS

Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to Trump's inaugural committees, but have yet to decide on the amount, spokespersons for each bank said.

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.
trump, inauguration, big tech, banks
234
2024-10-17
Tuesday, 17 December 2024 05:10 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved