Companies Pledge Donations to Trump's Inaugural Fund

(Reuters) – 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 (NASDAQ:TSLA) boss Elon Musk has established, could mean notable benefits for their companies.

Companies Contributing to Trump's Inauguration

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

ROBINHOOD MARKETS

Retail trading platform Robinhood Markets (NASDAQ:HOOD) donated $2 million, a company spokesperson said.

UBER TECHNOLOGIES

Uber Technologies (NYSE:UBER) and its CEO Dara Khosrowshahi donated $1 million each, a company spokesperson told Reuters.

AMAZON.COM

Amazon (NASDAQ:AMZN) 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 (NASDAQ:META) 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.