Bussiness
Meta donated $1 million to Trump’s inaugural fund
- Meta donated $1 million to Trump’s inaugural fund.
- It’s the latest step in Mark Zuckerberg’s attempts to mend relations with the president-elect.
- Trump was banned from Meta platforms in 2021 for praising violence at the Capitol.
Meta donated $1 million to Donald Trump’s inaugural fund as the social media giant takes steps to improve relations with the president-elect.
The donation was first reported by The Wall Street Journal. Meta confirmed the donation to the Journal.
Inaugural fund expenses are designated for expenditures associated with the presidential inauguration.
Meta CEO Mark Zuckerberg, who did not endorse a candidate in the 2024 presidential election, has been working to mend relations with Trump.
Last month, Zuckerberg visited Trump at his resort in Mar-a-Lago for Thanksgiving Eve dinner.
In August, then-Republican-nominee Trump warned that Zuckerberg would “spend the rest of his life in prison” if he tried to interfere in the 2024 US election.
Trump was removed from Facebook and Instagram in 2021 for what Meta called praising “people engaged in violence at the Capitol on January 6.” In January 2023, Meta announced it would be restoring Trump’s access to both platforms.
Meta did not immediately respond to a request for comment from BI.
This is a developing story. Please check back for updates.