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Trump's Inaugural Committee Raises Record $250 Million for January 20, 2025 Ceremony, Backed by Tech Giants and Cryptocurrency Industry

Jan 20, 2025, 06:33 AM

President-elect Donald Trump's inaugural committee has set a new fundraising record, amassing over $250 million for his upcoming inauguration on January 20, 2025. This amount surpasses the $107 million raised during his 2017 inauguration. As of January 8, 2025, the committee had already raised more than $170 million. The funds have been contributed by a wide array of donors, including major corporations and tech giants such as Meta, Apple, Amazon, Google, Microsoft, OpenAI, and Uber, each donating $1 million. The cryptocurrency industry has also played a significant role in the fundraising efforts. The influx of donations reflects a shift in corporate America's approach to Trump, with companies seeking to establish or maintain favorable relations with the incoming administration.