Amazon has announced a $1 million donation to U.S. President-elect Donald Trump’s inaugural fund.
According to a Reuters report, an Amazon spokesperson confirmed the donation on Thursday,
“Amazon is donating $1 million to President-elect Donald Trump’s inaugural fund,” they stated
The company’s Prime Video service will stream the inauguration, with the in-kind contribution valued at $1 million.
Meta, the parent company of Facebook and Instagram, has also donated $1 million to the inauguration fund for President-elect Donald Trump. This fund is typically used to cover events and activities associated with the transition of a new president into office.
Mark Zuckerberg, CEO of Meta, dined with Trump at Mar-a-Lago in November as part of efforts to repair relations between the tech company and the president-elect.
This follows years of tension, with Trump previously criticizing Facebook as “anti-Trump” in 2017.
Meta’s donation to Trump’s inauguration fund is notable as the company did not make similar contributions to President Joe Biden’s 2020 inaugural fund or Trump’s previous fund in 2016.
Amazon’s founder and executive chairman, Jeff Bezos, is scheduled to meet with Trump next week, according to an announcement made by the president-elect during an interview with CNBC.
The contributions from Meta and Amazon to President-elect Donald Trump’s inauguration fund signify potential efforts to foster goodwill and maintain a positive relationship with the incoming administration.
Such donations are not unusual, as companies often contribute to inaugural funds as a way to support the democratic process and, in some cases, to signal cooperation with the new leadership.
Possible implications:
Overall, these contributions reflect a broader corporate strategy to engage with political leadership, regardless of prior differences or criticism.