Meta, Amazon Donate $1M For Trump Inauguration Fund

12/13/2024 01:28 PM

Amazon and Meta are contributing $1 million each to the inauguration fund for Donald Trump in an attempt to curry good favor with him.

According to reports, Meta and Amazon are donating $1 million to the inauguration fund for President-elect Donald Trump. Meta, the parent company of Facebook, WhatsApp, and Instagram, made its announcement of the move on Wednesday (Dec. 11), weeks after founder and CEO Mark Zuckerberg met with Trump at his Mar-a-Lago estate in Florida. Amazon announced its decision the following day, with Trump claiming that he would meet with Amazon founder and CEO Jeff Bezos next week.

In addition, Amazon will livestream the inauguration ceremony on Prime Video, representing an "in-kind" donation totaling up to $1 million. Amazon also did the same with President Joe Biden's inauguration in 2021. "Big congratulations to our 45th and now 47th President on an extraordinary political comeback and decisive victory," Bezos wrote in a post on X, formerly Twitter, on Nov. 6. "No nation has bigger opportunities. Wishing @realDonaldTrump all success in leading and uniting the America we all love."

The donations come after Trump's turbulent history with Amazon and Facebook. Trump opposed a proposed ban on social media giant TikTok, claiming that Meta would benefit if it took place. "If you get rid of TikTok, Facebook and Zuckerschmuck will double their business," he wrote on his Truth Social platform. He also accused Facebook of interfering in the 2020 presidential election.

Trump has also blasted Bezos, calling the "Fake Washington Post" an Amazon lobbying arm and alleging that Amazon was avoiding paying U.S. Postal Service rates in full during his first presidential administration. The two seemed to reconcile after the assassination attempt on Trump’s life in Pennsylvania in July, and Bezos recently said at the DealBook Summit last week that Trump "seems to have a lot of energy around reducing regulation. And my point of view is, if I can help him do that, I'm going to help him, because we do have too much regulation in this country."

The moves are seen as a way to gain favor with the incoming administration – the Trump team has promised donors who contribute $1 million top-tier benefits, which include six tickets to inaugural events from January 17 to 20 as well as tickets to the ceremony and "an elegant and intimate dinner with President Donald J. Trump and Mrs. Melania Trump" on Jan. 19.