Boeing and Google will each donate $1 million to Donald Trump's inaugural fund. These are the next large American companies that will contribute to the coffers of the inauguration ceremony. The contributions are in the seven-figure range. Thanks to these contributions, Trump's inaugural committee raised $170 million.
Previously, companies such as an oil producer announced the transfer of levies Chevron and technology giants – Meta, Amazon and Uber.
Trump's inauguration, marking the beginning of his second term in the White House, will take place on January 20.
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Boeing donates money despite the crisis
“We are pleased to continue our tradition of supporting presidential inaugural committees,” Boeing said in a statement.
The company added that it has made similar amounts of donations to each of the last three presidential inaugural funds.
The BBC notes that Boeing is trying to recover from the crisis related to machine failures and employee strikes.
The company is also building another presidential plane, known as Air Force One. The jet is expected to be operational as early as next year.
During his first term as president, Trump forced the planemaker to renegotiate the contract, arguing that it was too expensive.
Technology giants will also contribute money
Google is another major tech company that has donated to the fund. Previously, Meta and Amazon companies did this.
“Google is pleased to support the launch by livestreaming it on YouTube and linking directly to it on our homepage,” said Karan Bhatia, Google's global head of government affairs and public policy.
A Microsoft spokesperson confirmed to CNBC that the company's $1 million donation follows previous donations of half a million dollars to Trump's first inauguration and the president's inaugural fund Joe Biden.
Auto companies Ford, General Motors and Toyota also donated $1 million each to the inaugural committee.
In the energy industry, Chevron also did this. However, the company's representatives refused to provide a specific amount.
– Chevron has a long tradition of supporting inaugural committees of both parties. We're proud to do it again this year, said Bill Turene, global media relations manager at Chevron.
With these contributions, Trump's inaugural committee raised $170 million, surpassing the amount raised by Joe Biden's 2021 inauguration, which brought in $63 million, and the amount raised by Obama's inauguration, which brought in $53 million in 2009 and $53 million in 2013 r. – USD 42 million.
Donald Trump and Elon Musk during a campaign rally in Butler on October 5, 2024.DO NOT MOVE, PREMIUMGettyImages
Main photo source: PAP/EPA/CRISTOBAL HERRERA-ULASHKEVICH