US tech giants lead record-breaking $170M donations to Trump’s inaugural fund
Photo illustration shows U.S. President-elect Donald Trump giving a thumbs-up in front of the American flag. (Collage by Mehmet Akbas/Türkiye Today)
U.S. President-elect Donald Trump’s inaugural fund achieved a record-breaking $170 million in donations from the largest American companies, led by the tech sector, ahead of his second inauguration ceremony on Jan. 20.
Google and Microsoft each pledged $1 million to the inaugural fund, matching donations from Meta, Amazon, OpenAI CEO Sam Altman, and Apple CEO Tim Cook. Google will also livestream the event on Jan. 20, CNBC reported, quoting the company’s global head of government affairs and public policy, Karan Bhatia.
A Microsoft spokesperson confirmed to CNBC the company’s $1 million contribution follows its previous $500,000 donations to both Trump’s first inauguration and President Joe Biden’s inaugural fund.
Trump’s inaugural fund nearly triples contributions for Biden
Airplane company Boeing also made a $1 million donation, The Hill reported. “We are pleased to continue Boeing’s bipartisan tradition of supporting U.S. Presidential Inaugural Committees,” a Boeing spokesperson said.
In the automotive sector, Ford, General Motors, and Toyota each contributed $1 million. Energy giant Chevron also joined the donor list but did not disclose the amount.
The contributions have helped Trump’s inaugural committee raise $170 million, nearly tripling Joe Biden’s 2021 inauguration which raised $63 million. Other notable records were achieved with Obama’s inaugurations, which raised $53 million in 2009 and $42 million in 2013.
