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Meta contributes $1 million to Trump's inaugural fund

EditorFrank DeMatteo
Published 12/12/2024, 07:33 AM
© Reuters.
META
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Meta, the parent company of Facebook (NASDAQ:META), has confirmed a $1 million donation to the inaugural fund of President-elect Donald Trump. This move comes on the heels of a meeting between Meta CEO Mark Zuckerberg and Trump at Mar-a-Lago two weeks prior. The Wall Street Journal was the first to report on this contribution.

The donation marks a significant shift in Meta's stance towards Trump, particularly in light of the company's decision to ban him from its platforms nearly four years ago following the January 6, 2021, Capitol riot. This change in approach is seen as Zuckerberg's effort to take a more active role in influencing the new administration's technology policies.

Zuckerberg's growing alignment with Trump was hinted at in the months leading to the election. During a summer interview, Zuckerberg commented on Trump's handling of an assassination attempt in July, describing it as "badass." This remark was part of a pattern suggesting a warming relationship between the tech mogul and the then-presidential candidate.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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