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Major corporations that previously vowed to halt political contributions to those who challenged the 2020 election results are now contributing substantial sums to President-elect Donald Trump’s upcoming inauguration.
The Wall Street Journal has revealed that at least 11 companies and industry associations, who made commitments to suspend or reevaluate their PAC donations following January 6, 2021, are now financially backing Trump’s inauguration ceremony.
Boy have things changed!
Trump has so much more support now, than he did before!Did they just realize the MSM was lying all along?
Silicon Valley Tech Giants Flock to Trump Pledging Support and Millions in Donationshttps://t.co/KzK13Z4q1a
— NWRain-Judi (@RYboating) December 20, 2024
“People just really want to move forward and move on,” a representative at one of the contributing companies told the Journal. “The election results were very clear.”
The January 20th inauguration is poised to break previous fundraising records. Several corporate giants have stepped forward with significant contributions, including Ford, Intuit, Toyota, and the Pharmaceutical Research and Manufacturers of America, each pledging $1 million. Additional supporters include Goldman Sachs, General Motors, Bank of America, AT&T, and Stanley Black & Decker, alongside tech behemoths Amazon and Meta.
Fundraising projections suggest the event will surpass the $107 million raised for Trump’s 2017 inauguration, when 18 corporations contributed $1 million or more. The current count of million-dollar corporate donors stands at 13, with expectations of further growth. This marks a significant increase from Biden’s inauguration, which raised $61 million.
Business leaders appear motivated to establish early connections with Trump, recognizing his administration’s potential impact on their industries. His proposed policies, including tariffs on Mexican and Canadian imports, could significantly affect North American automakers, while his plans to reverse Biden’s electric vehicle and emissions policies have drawn attention from various sectors.
Four years ago, dozens of companies pledged to withhold support from those who disputed the 2020 election results. Now, many of those companies are lining up to fund Donald Trump’s inauguration. https://t.co/DsJOnqlig4
— Stare Decisis (@MsResJudicata) December 25, 2024
Industry consultants emphasize the strategic importance of supporting the inauguration and establishing relationships with Trump early on.
“The old saying is, if you’re not at the table, you’re on the menu,” longtime GOP strategist Kevin Madden told the Journal. “There’s going to be a lot of work being done in 2025 and 2026, and the process starts now.”
Recent weeks have seen Trump meeting with CEOs from major corporations including Meta Platforms, Amazon, Google, Pfizer, and Eli Lilly.
“EVERYBODY WANTS TO BE MY FRIEND!!!” Trump posted last week on Truth Social.
