Finance

The Price to Pay: How Top Companies are Paying for Supporting Trump’s Inauguration

2025-04-08

Author: Wei

The Price to Pay: How Top Companies are Paying for Supporting Trump’s Inauguration

In a stunning turn of events since President Donald Trump's January 20, 2025, inauguration, major corporations and their leaders who made significant financial contributions are witnessing alarming declines in their stock prices. The fluctuating dynamics of corporate support for Trump have revealed an intricate relationship between politics and business performance, particularly highlighted by a recent announcement on April 2, where Trump proposed a sweeping 10% tariff on all imports, further straining the stock market.

Here’s an eye-opening breakdown of how much share value eight prominent companies have lost since the inauguration, as reported by Yahoo Finance.

1. Apple

Percentage of share decline since January 21: -23% Key Fact: CEO Tim Cook contributed a whopping $1 million to Trump's inauguration committee and was present at the event. Trump's administration later praised Apple’s commitment to invest over $500 billion in the US.

2. Amazon

Percentage of share decline since January 21: -26% Key Fact: Founder Jeff Bezos also contributed $1 million and attended the inauguration, expressing his admiration for Trump’s political comeback.

3. Google

Percentage of share decline since January 21: -27% Key Fact: Google too donated $1 million, with CEO Sundar Pichai lauding the Trump administration for heralding a 'golden age of American innovation.'

4. Meta (Facebook)