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Uber and its CEO donate $1 million each to Trump's inaugural fund

investing.com 17/12/2024 - 21:38 PM

Uber Donates to Trump Inaugural Fund

(Reuters) – Uber Technologies and its CEO Dara Khosrowshahi each donated $1 million to U.S. President-elect Donald Trump's inaugural fund, a company spokesperson told Reuters on Tuesday.

The ride-hailing firm joins a list of several large businesses that have sought to build a positive relationship with the incoming Trump administration after he won the election in November.

The donations by Uber (NYSE:UBER) and Khosrowshahi were first reported by The Wall Street Journal earlier in the day.

Amazon.com (NASDAQ:AMZN) and Meta Platforms (NASDAQ:META) are donating $1 million each to the fund, spokespersons for the respective companies said last week.

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




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