Saturday, December 14, 2024

Tech Billionaires Rush to Bankroll Trump’s Inaugural Party

The reasons for their generosity are not very complicated. Trump, who has proven to be quite vindictive over the years, rewards people who reward him. A measly $1 million for the inauguration could pay itself back many times over if their companies are in the president-elect's favor.

Meta and OpenAI fall within the administration's push to promote economic growth by loosening restrictions around artificial intelligence.

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Bezos has a lot more at stake, fighting Trump megadonor Elon Musk for lucrative government contracts in space.

A million-dollar donation is the price of admission for donors to attend the inaugural ball, so at least they'll all have a chance to pull out their tuxes in January.

Comments

Bottom line here, imo ...

Pres-elect Trump has shown that he, and the policies of his upcoming administration, can be purchased.

Purchased for what the current tech billionaires would call round-off errors.

So, is it really any surprise that those tech billionaires are flocking to buy favor from Pres-elect Trump?

#1 | Posted by LampLighter at 2024-12-14 09:41 PM

Billionaires are the target.

It only takes one.

#2 | Posted by LegallyYourDead at 2024-12-14 10:42 PM

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