• Economy
  • Investing
Long Distance Investing
  • Stock
  • Editor’s Pick
Investing

Microsoft, Google, Boeing join donors list for Trump’s record $170M inauguration fund

by January 10, 2025
written by January 10, 2025

Several major tech companies and executives are making donations to President-elect Donald Trump’s inauguration fund, signaling a shift in tone as his second term approaches.

Microsoft Corp., Alphabet Inc.’s Google, and Adobe Inc. have each pledged $1 million, joining other industry giants like Amazon.com Inc., Meta Platforms Inc., and OpenAI CEO Sam Altman in contributing to the fund.

Boeing, Toyota, and Uber are also among the companies donating $1 million each.

These contributions have helped Trump’s inaugural committee amass a record-breaking $170 million, dwarfing the $63 million raised for Joe Biden’s inauguration in 2021 and the $53 million raised for Barack Obama’s first inauguration in 2009.

The funds will support events and activities related to the ceremony.

Trump and big tech

This marks a notable shift in relations between Trump and the tech industry, which have often been fraught.

Over the years, Trump has accused companies like Google and Meta of political bias and content suppression.

However, with his inauguration looming, both Trump and these companies appear to be seeking reconciliation.

Google CEO Sundar Pichai, who previously condemned the January 6 riots, recently congratulated Trump on his “decisive victory.”

Similarly, Meta’s CEO Mark Zuckerberg announced plans to eliminate fact-checkers and reduce censorship across its platforms, while increasing recommendations for political content.

Apple CEO Tim Cook has reportedly joined the list of donors with a $1 million contribution, though Apple has not officially commented.

Microsoft, which contributed $500,000 to inaugural funds in 2017 and 2021, has doubled its donation this time.

Observers see these donations as strategic moves to maintain favour with the incoming administration.

This warming relationship stands in stark contrast to past tensions.

For example, in September, Trump threatened to pursue legal action against Google, accusing it of promoting negative coverage during his campaign.

Now, Trump himself acknowledges the change in tone, saying, “The first time everybody was fighting me… This time everyone wants to be my friend.”

Trump’s Inauguration Day

Inauguration Day, traditionally dedicated to the peaceful transfer of power, will see Donald Trump taking the oath of office for his second term.

The ceremony, set to occur at 12 pm ET (5 pm GMT) at the U.S. Capitol, will include Trump’s inaugural address, followed by the customary festivities.

Outgoing President Joe Biden has confirmed his attendance, marking a symbolic gesture of unity despite the political divide—a courtesy Trump did not extend when Biden was sworn in four years ago.

Trump’s speculated guest list

Trump has diverged from precedent by inviting several foreign leaders to the event.

While it is customary for foreign leaders to send diplomats due to security concerns, prominent figures such as Argentine President Javier Milei and Israeli Prime Minister Benjamin Netanyahu have confirmed their attendance.

Far-right leaders, including Italy’s Giorgia Meloni and Hungary’s Viktor Orban, are also reportedly invited, though Orban has yet to confirm his plans.

On the other hand, notable absences include Chinese President Xi Jinping, despite an invitation, and French President Emmanuel Macron.

Instead, French far-right politician Eric Zemmour will represent France at the ceremony, as confirmed by his party.

Former Brazilian President Jair Bolsonaro, a vocal Trump ally, has also been invited.

The post Microsoft, Google, Boeing join donors list for Trump’s record $170M inauguration fund appeared first on Invezz

0 comment
0
FacebookTwitterPinterestEmail

previous post
Dockworkers union, port companies reach tentative 6-year deal
next post
Asian stocks dip ahead of US jobs data: Nikkei extends decline to 3rd day

You may also like

MEXC strengthens reserve backing with $390M asset increase

April 23, 2025

Oil prices rebound: what’s driving the rally and...

April 23, 2025

Silver rises with gold, but industrial demand outlook...

April 23, 2025

Lead Edge Capital founder Mitchell Green says recession...

April 23, 2025

Why is Toncoin price rising today?

April 23, 2025

BC.GAME to host ‘Untamed Arena’ during TOKEN2049 Dubai,...

April 23, 2025

Keycard launches pre-sale for Shell: the most open,...

April 23, 2025

BA stock rises as Boeing reports smaller Q1...

April 23, 2025

US stocks surge at open: Dow climbs 2.4%,...

April 23, 2025

iExec launches 1M $RLC fund to support AI...

April 23, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Krispy Kreme stock plunges after doughnut chain pauses McDonald’s rollout, pulls outlook

      May 8, 2025
    • UnitedHealthcare sued by shareholders over reaction to CEO’s killing

      May 8, 2025
    • Semtech Showcases Next-Gen LoRa® Technology at IoT Solutions World Congress 2025

      May 8, 2025
    • AMD CEO calls China a ‘large opportunity’ and warns against strict U.S. chip controls

      May 7, 2025

    Categories

    • Economy (679)
    • Editor's Pick (348)
    • Investing (4,555)
    • Stock (820)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Longdistanceinvestings.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2025 Longdistanceinvestings.com

    Long Distance Investing
    • Economy
    • Investing
    Long Distance Investing
    • Stock
    • Editor’s Pick