Will Trump's upcoming inauguration break the record for how much money it will raise? Already, pledges have surpassed $150 million.
In just over a dozen days, President-elect Donald Trump will officially take office, and this event is becoming the center of attention not only in the political field but also in the business world. Leading CEOs and corporations in the US have pledged millions of dollars to support the organization of Mr. Trump's inauguration on January 20.
The Big Names Leading the Donation List
In addition to Elon Musk, the CEO of Tesla, other top technology and major business companies are also on the list of sponsors for the inauguration. Notable names include:
Amazon, Meta, Robinhood Markets: Each company announced a donation of 1 million USD.
Jeff Bezos of Amazon, Sam Altman of OpenAI, and Dara Khosrowshahi, the CEO of Uber, have also committed similar funding.
Ken Griffin, founder of Citadel LLC, is also in the race with a contribution of 1 million USD.
Ford Motor Company: Not only donating 1 million USD, this automaker also provides a fleet of vehicles for the inauguration ceremony.
Cryptocurrency trading platforms like Kraken and Coinbase have shown strong support by donating 1 million USD each. This is a sign of the expectations from the cryptocurrency industry regarding the Trump administration's supportive blockchain technology policies.
In addition to technology companies, large industrial corporations like Stanley Black & Decker and telecommunications company Charter Communications have also committed equivalent funding.
The Appeal of Trump's Economic Policies
Tycoons are said to be particularly interested in Mr. Trump's economic policies, with promises to facilitate large businesses and the financial market. Tax cuts and deregulation policies are expected to bring significant benefits to top corporations and wealthy entrepreneurs.
A Lavish Inauguration
Based on the donations, the upcoming inauguration is predicted to be lavish and grand, reflecting strong support from the business and financial community. Mr. Trump, in a recent speech, thanked the donors and promised to continue promoting a favorable business environment in the next term.
This inauguration is not only a political event but also a symbol of the close connection between politics and large corporations in the U.S., marking a new era for the relationship between the Trump administration and the tycoons.
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