(Reuters) - Companies ranging from finance majors to Silicon Valley behemoths are pledging donations to Donald Trump's inaugural fund as business leaders rush to ensure a favorable relationship with the U.S. president-elect after his November election win.
Trump is set to take office in January and executives are hoping a positive rapport with his administration, such as the one Tesla (NASDAQ:TSLA) boss Elon Musk has established, could mean notable benefits for their companies.
Below is a list of companies that are contributing funds for Trump's inauguration for his second term in the White House.
ROBINHOOD MARKETS
Retail trading platform Robinhood Markets (NASDAQ:HOOD) donated $2 million, a company spokesperson said.
UBER TECHNOLOGIES
Uber Technologies (NYSE:UBER) and its CEO Dara Khosrowshahi donated $1 million each, a company spokesperson told Reuters.
AMAZON.COM
Amazon (NASDAQ:AMZN) is donating $1 million. The company will also air the inauguration event on its Prime Video service, an Amazon spokesperson said.
META PLATFORMS
Meta Platforms (NASDAQ:META) has donated $1 million, a company spokesperson told Reuters.
OPENAI
CEO Sam Altman is planning to make a personal donation of $1 million to the inaugural fund, an OpenAI spokesperson confirmed.
"President Trump will lead our country into the age of AI, and I am eager to support his efforts to ensure America stays ahead," Altman said in a statement.
BANK OF AMERICA AND GOLDMAN SACHS
Bank of America, the second-largest U.S. lender, and investment bank Goldman Sachs plan to contribute to Trump's inaugural committees, but have yet to decide on the amount, spokespersons for each bank said.