Donald Trump breaks his own record, set to raise a whopping $150 million inaugural fund; here's what he plans to do with the money

Donald Trump is clearly looking at breaking his own record of 2017, when he will reportedly raise up a whopping $150 million for the Presidential inauguration ceremony. There are some interesting plans by Trump when it comes to spending this money...

AP
A whopping $150 millions in just donations is something that sounds just like a dream, but this is indeed true when a Presidential inauguration is considered, and that too when a billionaire President Donald Trump is concerned.

Who donated Donald Trump's inauguration ceremony?

The Presidential inauguration ceremony 2025 will see the swearing in of the new US President Donald Trump, who secured a massive victory in the US Presidential elections 2024 to become the reigning President-elect.

Trump's inauguration ceremony has seen the likes of Jeff Bezos, Mark Zuckerberg, and a plethora of billionaires and tech giants lining up to donate, and most of them will also be seen in attendance during the prestigious event.


Elon Musk: One of the significant contributors for Trump's inauguration

One of the most notable names in the donors tally will be Elon Musk, a close ally of Trump, and the upcoming co-head of a federal department. Along with he election donations and spending, he also donated in millions for the upcoming inauguration ceremony for January 20.

The current ceremony scheduled in January is poised to break the previous $107 million inauguration fundraising record, set at Trump’s first inauguration, as per reports.

FAQs:

Has Donald Trump won the US Presidential elections?
Yes, Donald Trump is the new US President-elect, and will be taking up charge from January, 2025 after the inauguration ceremony, based on his massive win in the US Presidential elections 2024.
ADVERTISEMENT

Is Elon Musk the head of DOGE?
President-elect Donald Trump has announced that Elon Musk and Vivek Ramaswamy will be co-heading the "Department of Government Efficiency, informally referred to as 'DOGE', when the Trump administration takes over in January, 2025.

Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

More from our Partners

Loading next story
Business News › News › International › US News › Donald Trump breaks his own record, set to raise a whopping $150 million inaugural fund; here's what he plans to do with the money
Text Size:AAA
Success
This article has been saved

*

+