Apple CEO Tim Cook Reportedly Donates $1 Million To Trump Inauguration, Joins Ranks Of Mark Zuckerberg, Jeff Bezos, And Sam Altman

Rounak Jain

January 03, 2025

Apple Inc. (NASDAQ:AAPL) CEO Tim Cook reportedly donated $1 million to President-elect Donald Trump’s inaugural committee, joining the ranks of other major tech leaders like Jeff Bezos, Mark Zuckerberg, and Sam Altman, among others.

What Happened: Cook's $1 million donation to Trump's inauguration comes after several meetings between the two during Trump’s first term and a recent dinner at Mar-a-Lago.

Cook, originally from Alabama, considers the inauguration an important American tradition and is contributing to the spirit of unity, according to a report by Axios.

Apple itself is not expected to make a donation. Cook has consistently engaged with policymakers from both political parties, emphasizing active participation.

See Also: Trump Administration To Challenge Social Media Censorship, Setting Stage For Conflict With EU Regulations

Other prominent Silicon Valley contributors to the inauguration include Amazon.com Inc., Meta Platforms Inc., and Uber Technologies, among others.

Wall Street firms such as Goldman Sachs and Bank of America, along with crypto exchanges Kraken and Coinbase, are also making significant contributions.

Subscribe to the Benzinga Tech Trends newsletter to get all the latest tech developments delivered to your inbox.

Why It Matters: Cook's donation comes amid a series of high-profile pledges from tech and business leaders to support Trump’s inauguration.

Recently, Cook dined with Trump at Mar-a-Lago, marking his first interaction with Trump since his re-election. This meeting was part of a broader effort by tech leaders, including Mark Zuckerberg and Sundar Pichai, to engage with the incoming administration.

Additionally, Ford Motor Co. has also pledged $1 million to Trump’s inauguration, matching contributions from Amazon and Meta. This aligns with a trend of significant support from the tech and automotive sectors.

Furthermore, OpenAI CEO Altman announced a $1 million donation, expressing eagerness to support Trump’s efforts to advance the U.S. in the artificial intelligence sector. This reflects a broader interest in aligning with the new administration’s tech policies.

Check out more of Benzinga’s Consumer Tech coverage by following this link.

Read Next:

Bernie Sanders Calls Trump’s 10% Interest Rate Cap On Credit Card Debt A ‘Great Idea’ As Defaults Surge

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo courtesy: Shutterstock

Recommended

98 Opportunities for 1,000% Gains (And More) - Ad

Why the Market Is Betting Big on This iGaming Stock - Ad

270x More Lucrative Than NVIDIA? - Ad

Popular

LIV Golf finally gets network TV partner in deal with Fox Sports

LIV Golf finally has a network TV partner as the Saudi-funded league enters its fourth season, announcing a multi-year deal with Fox Sports to broadcast all three rounds across its channels and streaming app.

He is credited with one of history's most indelible photos. A new documentary questions who took it

It is one of the 20th century's most memorable images: a naked girl, screaming, running from a napalm bombing during the Vietnam War. More than a half-century later, a new documentary is calling into question who took it — and the retired Associated Press photographer long credited for the photo insists it was his, while his longtime employer says it has no evidence of anyone else being behind the camera.

How to Ride America's $1 Trillion Robot Revolution

How to Ride America's $1 Trillion Robot Revolution - Ad

Like computers before them, robots are evolving at lightning speed, transforming the world, and creating a wave of new millionaires. As Bill Gates says, the uses for robots will be "almost limitless." That's why he's pouring millions into this new technology. Now you can join him in tapping this unstoppable trend for 5, 10, even 15 times your money -- maybe a whole lot more...

New Mexico state spending plan seeks more federal Medicaid dollars as Donald Trump takes office

SANTA FE, N.M. (AP) — Leading New Mexico legislators on Wednesday recommended a 5.7% general fund spending increase for the coming fiscal year that emphasizes health care access, public school improvements, and early education and childcare programs that can boost household finances.

Poland's leader accuses Russia of planning acts of terror against 'airlines over the world'

WARSAW, Poland (AP) — Polish Prime Minister Donald Tusk accused Russia on Wednesday of planning acts of sabotage worldwide that included “acts of air terror” against airlines.

Is Bill Gates Missing the Big Picture?

Is Bill Gates Missing the Big Picture? - Ad

Bill Gates calls it: "The most transformative technology any of us will see in our lifetimes." Eric Fry agrees, saying it's far more advanced than anything today... including AI. But he also warns it could send millions of Americans into poverty.

Dogecoin Surges 21% In 7 Days: Why Is DOGE Going Up?

Dogecoin's (CRYPTO: DOGE) is up 5% on Thursday and 21% over the past seven days as increased market enthusiasm has analysts speculating about whether the “king of memes” can kickstart another rally.

Stocks Pause, Chipmakers Rise, Gold Hits 2-Month Highs: What's Driving Markets Thursday?

Wall Street paused for a breather on Thursday, following Wednesday's big rally sparked by a softer-than-predicted December inflation report that fueled speculation on the Federal Reserve delivering interest rate cut

Retirement Planning for 2025 -- Act Now!

Retirement Planning for 2025 -- Act Now! - Ad

Make sure your retirement strategy is in place before 2025 rolls in. Let Datalign Advisory help you take charge of your financial future and get your ducks in a row before the year's end.

What's Going On With SoFi Technologies Stock Thursday?

SoFi Technologies Inc (NASDAQ:SOFI) shares are moving higher. The company on Thursday announced a personal loan securitization agreement with a global fixed income manager.

Goldman Sachs Stock May Be Pricey But Its One Of The Cheapest Ways For Investing In Capital Markets: Analyst

Keefe, Bruyette & Woods analyst David Konrad maintained an Outperform rating on Goldman Sachs and raised its price target to $690. The bank posted strong quarterly results, driven by a 33% year-over-year surge in trading revenue and growth in asset management.

Missed Tesla? Don't Miss Elon's Next Big Move

Missed Tesla? Don't Miss Elon's Next Big Move - Ad

Regardless of your personal opinion on Elon Musk... It's proven how effective he can be at creating millionaires with every new startup he touches. And while nothing is certain... I believe Elon's next venture, his "Final Move," could mint more millionaires than any project he's ever been a part of before.

Biden warns the US risks becoming an 'oligarchy.' What does the term mean?

WASHINGTON (AP) — President in his Wednesday farewell speech to the nation warned that American democracy was sliding into an “oligarchy” of tech billionaires. But what exactly is an oligarchy?

US producer prices rose 0.2% last month on higher energy costs

WASHINGTON (AP) — U.S. wholesale rose last month on higher energy prices.

The No. 1 Stock for Trump's Second Term?

The No. 1 Stock for Trump's Second Term? - Ad

Legendary investor Louis Navellier's stock rating system gave a buy rating to ALL of the top 30 performing stocks in the S&P 500 index of Trump's first term... ALL of them! His system is now rating these stocks as a "BUY" for Trump's second term.

Siri, Alexa And Google Assistant May Become A Thing Of The Past Thanks To ChatGPT Tasks -- Here's How To Use The New Feature

OpenAI's introduction of the "Tasks" feature for ChatGPT positions it as a strong competitor to virtual assistants like Alexa, Siri, and Google Assistant by enabling users to schedule and manage tasks with natural language prompts.

Supreme Court will hear Texas anti-pornography law that challengers say violates free-speech rights

WASHINGTON (AP) — A Texas anti-pornography law is on Wednesday in a collision of , regulation of online content and the protection of children.

The $124B Smart Glass Disruptor

The $124B Smart Glass Disruptor - Ad

This Nasdaq-listed company is redefining the $124 billion smart glass market. From aircraft cabin shading systems to dimmable rooftops in vehicles to energy-efficient building glass, their technology supports global leaders like Boeing, Ferrari, and National Geographic. Their $38.3 million order backlog and several new multi-million dollar deals across four major sectors positions them as a market disruptor you can't ignore.

NFL Star Helps Self-Help Book Hit #1 On Amazon: 'My Teammates Call It The Recipe'

The top-selling book on Amazon Monday Jan. 13 has an NFL player and the NFL Playoffs to thank.

US Semiconductor Sanctions Spell Trouble for Nvidia, But May Benefit Big Tech

Nvidia's customers include Microsoft, Amazon, Google, and Meta Platforms. Their orders worth $10 billion were postponed due to overheating issues.

Porter Stansberry: These Are Trump's 10 Secret Stocks

Porter Stansberry: These Are Trump's 10 Secret Stocks - Ad

Ten investments secretly owned by Trump's biggest backers. Ten investments intrinsically tied to the policies Trump will put in place. Ten investments with the potential to return 10x or more... but only if you act right now.

153 winners of Nobel and World Food prizes seek new ways to grow food to meet surging global need

DES MOINES, Iowa (AP) — More than 150 recipients of the Nobel and World Food prizes released an Tuesday calling for a dramatic increase in research and a commitment to new food distribution efforts with a goal of producing more crops and avoiding a in coming decades.

Boeing's aircraft deliveries and orders in 2024 reflect the company's rough year

Boeing delivered less than half the number of commercial aircraft to customers than in 2024 as the American aerospace giant's output suffered under intensified government scrutiny and a , according to data released Tuesday.

Is This Defi Coin Your Next "10-Bagger" Investment?

Is This Defi Coin Your Next "10-Bagger" Investment? - Ad

Our #1 pick in decentralized finance is largely overlooked by mainstream investors (for now). This governance token could skyrocket as DeFi adoption surges with the smart money and institutions.

Jeff Bezos' space company calls off debut launch of massive new rocket in final minutes of countdown

CAPE CANAVERAL, Fla. (AP) — called off the debut launch of its massive new rocket early Monday because of technical trouble.

France's new prime minister faces first big test during period of political instability, budget woes

PARIS (AP) — France’s new prime minister, François Bayrou, is facing his first major test at parliament on Tuesday as his government has no majority amid .

1 Thing You Must Do in 2025

1 Thing You Must Do in 2025 - Ad

With a new year just beginning, I think every Weiss Member would be smart to do one thing to kick-start the year ...Claim a special bar of Weiss gold bullion. It's a simple investment anyone can access in their regular brokerage account with just a few clicks.

Germany's economy shrank for the second consecutive year in 2024

BERLIN (AP) — The German economy, Europe's biggest, shrank for the second consecutive year in 2024, according to preliminary official figures released Wednesday weeks before in which the economy is the top issue.

Elon Musk Emerges As Potential TikTok US Buyer As Ban Deadline Looms, Company Terms It 'Pure Fiction'

Chinese officials are considering Tesla Inc. CEO Elon Musk as a potential buyer for TikTok's U.S. operations.

Elon's "Final Move" Could Send This Stock Soaring

Elon's "Final Move" Could Send This Stock Soaring - Ad

Whenever Elon Musk starts a new venture...Early investors get the opportunity to become millionaires...Early investors in Paypal made as much as 59,500%...SpaceX rose 5,500x in value...And most recently, Tesla jumped over 38,000%!

Head of US cybersecurity agency says she hopes it keeps up election work under Trump

NEW YORK (AP) — Jen Easterly, the outgoing head of the U.S. government’s Cybersecurity and Infrastructure Security Agency, said Wednesday she hopes her agency is allowed to continue its under new leadership despite “contentiousness” around that part of its mission.

Bitcoin, Ethereum, Dogecoin Rise As 'Greed' Sentiment Takes Over: Top Analyst Says Breaking This Resistance Level Could Be 'Pivotal' For BTC

Leading cryptocurrencies gained on Sunday as investors set aside concerns that monetary easing policies will be impacted due to the blowout jobs report.

Brazil's Potash Powerhouse?

Brazil's Potash Powerhouse? - Ad

Brazil relies on imports for over 95% of its potash--but a new $30M NYSE-A IPO could change that. This company's bold plan to produce potash locally could significantly reduce the price for potash, fueling Brazil's agriculture and bringing significant profit potential. The timing couldn't be better.

What to do with your 401(k) when you retire

For many employees, what to do with a 401(k) plan at retirement has been a foregone conclusion: .

How Biden's domestic policy record stacks up against public perception

WASHINGTON (AP) — President ends his term with a gulf between his policy record and his public reputation.

The Brand New Tech Creating Millionaires (Buy These Four Stocks)

The Brand New Tech Creating Millionaires (Buy These Four Stocks) - Ad

A new technology is taking the world by storm, transforming lives, and making early investors incredibly rich. In the following video, I'll show you four stocks with absolutely explosive upside potential and the ability to turn every dollar you invest into life-changing returns.

Taiwan iPhone maker Foxconn sets its sights on the ever more crowded EV market

BANGKOK (AP) — Auto industry newcomers like Taiwan-based iPhone maker Foxconn and China's Huawei Technologies are maneuvering to gain an edge in the electric vehicle sector, prompting automakers like Japan's Nissan and Honda to announce plans to join forces against a flood of ambitious competitors.

Mark Zuckerberg Backs Nvidia CEO Jensen Huang's View On Quantum Computing: 'It's Still Quite A Ways Off'

Mark Zuckerberg aligned with Jensen Huang's cautious outlook on quantum computing, suggesting the technology remains years away.

January 20th - The Biggest Crypto Event in History

January 20th - The Biggest Crypto Event in History - Ad

According to the man who called every major market top and bottom for the last 29 years... A single event triggering on January 20th will send the crypto market soaring. But what's more exciting... is that this event could send a small sector of the crypto market soaring 5X, 25X, and even 100X higher in just days.

Question on ASEAN stumped Hegseth at Senate hearing. What is it and why is it important?

BANGKOK (AP) — Sen. Tammy Duckworth, grilling President-elect choice for defense secretary over whether he had the “breadth and depth of knowledge” needed to lead international negotiations, asked if could name one member of the , describe what type of agreement the U.S. had with the countries and how many nations were in the bloc.

Trending Now