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Home»U.S.»Trump inauguration live updates: Trump brings in record $250 million in fundraising
U.S.

Trump inauguration live updates: Trump brings in record $250 million in fundraising

January 20, 2025No Comments2 Mins Read
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President-elect Donald Trump will mark his return to the White House with a $250 million fundraiser for his inaugural efforts, sources familiar with Trump’s fundraising told ABC News.

The total includes the official Trump-Vance Inauguration Committee and Trump’s other major fundraising vehicles hosting his inauguration festivities this weekend, surpassing his first fundraising total of $107 million.

President-elect Donald Trump speaks during a rally before the 60th Presidential Inauguration, Jan. 19, 2025, in Washington.

Alex Brandon/AP

ABC News reports that Trump’s second inauguration has seen significant support from a number of tech giants who are openly celebrating his return to the White House, with Elon Musk, Mark Zuckerberg, Shou Chew and Jeff Bezos initially expected to be given prime seats for the inauguration.

Top tech startup donations include $1 million from Meta, Apple, Amazon, Google, Microsoft, OpenAI, and Uber. Notably, this is the first time for Meta to donate to a presidential inauguration, while Apple, Amazon, Google and Microsoft have contributed to past presidential inaugurations.

President-elect Donald Trump with entrepreneur Elon Musk on stage during a rally in Washington, Jan. 19, 2025.

Will Oliver/epa-efe/shutterstock/WILL OLIVER/EPA-EFE/Shutterstock

Trump’s inaugural committee has also received large donations from the cryptocurrency industry, including $5 million from Ripple, $2 million from Robinhood and $1 million from Coinbase, sources told ABC News. Ripple CEO Brad Garlinghouse and Chief Legal Officer Stuart Alderoty met with Trump earlier this month, published in social networks

Other major corporations that have historically donated to presidential inaugurations also donated this time, including Bank of America and Boeing.

-ABC News’ Soorin Kim



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