Apple CEO Tim Cook plans to donate $1 million to Donald Trump's inauguration fund, reports Axios. The donation will be a personal donation directly from Cook rather than a donation from Apple.
Following Trump's win, Cook congratulated him on social media site X, and in December, Cook had dinner with Trump at Mar-a-Lago. Cook aimed to maintain a relationship with Trump during Trump's first term as president, and it appears Cook plans to continue on with that plan going forward.
Sources that spoke to Axios said that Cook is donating to the inauguration "in the spirit of unity." Apple is not expected to make a donation.
Trump is taking office as Apple faces regulatory pressure both in the United States and in other countries. In March 2024, Apple was sued by the United States Department of Justice for allegedly violating antitrust law in multiple ways with its platforms. The Apple vs. DoJ legal battle will play out during Trump's term.
Amazon, Meta, Uber, OpenAI's Sam Altman, Goldman Sachs, Bank of America, Coinbase, Toyota, Ford, GM, AT&T, Black & Decker, and Charter Communications are also making donations to Trump's inauguration fund.
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