President-elect Donald Trump’s inaugural committee has achieved a historic fundraising milestone, bringing in over $170 million for his upcoming inauguration. This record-breaking total reflects widespread support from influential donors and business leaders eager to align with Trump as he prepares to return to the White House.
A source familiar with the fundraising effort, speaking on condition of anonymity, revealed that the committee anticipates surpassing $200 million by the end of its campaign. Although the committee has not yet provided a detailed breakdown of how the funds will be used, such donations typically cover expenses for the swearing-in ceremony and various inaugural events.
NYT is reporting that President Trump’s inaugural committee has had so much support that they are no longer selling tickets for major donors to go to the swearing in ceremony.
The inaugural committee had raised over 170 million dollars and even seven figure donors are now being…
— Insurrection Barbie (@DefiyantlyFree) January 9, 2025
This fundraising figure more than doubles the $62 million raised for President Joe Biden’s 2021 inauguration and exceeds Trump’s previous record of nearly $107 million raised for his 2016 inauguration. The unprecedented donations highlight the energy and excitement surrounding Trump’s return as the 47th president of the United States.
TRUMP BREAKS ANOTHER RECORD! President-elect Donald Trump has raised more than $170 million for his upcoming inauguration, a record amount as tech executives and big donors have eagerly written large checks to help bankroll the ceremony. pic.twitter.com/xgQCPKZNGz
— Breaking911 (@Breaking911) January 9, 2025
Major corporations are actively contributing to Trump’s inauguration fund. Amazon and Meta, the parent company of Facebook and Instagram, each pledged at least $1 million. OpenAI CEO Sam Altman also committed $1 million of his own money to the effort. These significant contributions signal that top executives are working to secure their standing with Trump’s incoming administration.
Didn’t expect to hear Mark Zuckerberg would donate $1M to Trump’s inaugural committee…
h/t @cb_doge pic.twitter.com/AOBWxk4iF9
— @amuse (@amuse) December 12, 2024
Despite the influx of donations, Trump’s inaugural committee has reportedly stopped offering tickets to donors interested in attending the inauguration and private events. This suggests that demand has reached capacity, reflecting the overwhelming enthusiasm surrounding Trump’s historic second term.
Trump will be sworn in on January 20, becoming the only president since Grover Cleveland to serve two non-consecutive terms. The massive fundraising success underscores the strong momentum and broad base of support driving Trump’s return to office.
