Meta confirmed to the media on Wednesday local time that it had donated US$1 million to US President-elect Trump’s inaugural fund. It's the latest move by the company's chief executive, Mark Zuckerberg, to ease a once-tense relationship with the new president. Previously, the two had dinner together at Trump's private club Mar-a-Lago last month.
Federal campaign finance reports show that Zuckerberg has supported congressional candidates from both parties over the years but has been largely reluctant to contribute to presidential campaigns. Zuckerberg wrote a letter to the U.S. Congress in August this year stating that in order to avoid being accused of political bias, he would stop donating during this year's election and remain neutral.
This first step of donating to Trump's inaugural fund clearly marks Zuckerberg's attempt to further improve his relationship with Trump to avoid his company becoming a target of attacks after the Trump administration takes office. During this year's election, Trump threatened to punish Zuckerberg if he tried to interfere in the election and the outcome went against him.
After the Capitol riots in early 2021 caused Trump's Facebook account to be banned, the relationship between Trump and Zuckerberg became quite tense.
According to people familiar with the matter, Zuckerberg and his advisers met with Trump's nominee for secretary of state, Senator Marco Rubio, as well as three incoming senior White House advisers: Stephen Miller, Vince Haley and James Blair. Zuckerberg also gave Trump a private demonstration of Meta's Ray-Ban smart glasses.
Publicly, their relationship does seem to be improving. In July, Zuckerberg praised Trump's response to the assassination - Trump raised his fists and shouted "fight, fight, fight," which Zuckerberg called "one of the most powerful things I've ever seen in my life." The two spoke days after the shooting. In October, Trump told the Barstool Sports podcast that he "likes Zuckerberg better now," adding, "I really believe he's not going to be involved in influencing the election, which is good."
Zuckerberg has also privately told other business leaders that he is optimistic about a Trump presidency, according to some people familiar with the matter. After Trump won the election last month, Zuckerberg congratulated Trump on social media and said he looked forward to working with the president-elect.
Currently, multiple positions nominated by Trump indicate that the Trump 2.0 government will take severe measures against large technology companies, especially social media companies. Many Republicans claim that these companies deliberately censor and obstruct the voices of conservatives.
On Tuesday, Trump nominated Andrew Ferguson to chair the Federal Trade Commission, the regulator that oversees Meta's antitrust matters. “At the FTC, we will end Big Tech’s hatred of competition and free speech,” Ferguson said in a post on X after her nomination.
Amazon founder Jeff Bezos, who has long been at loggerheads with Trump, also congratulated Trump on the X platform after the election, calling it a "remarkable comeback and decisive victory in politics." Bezos said at a recent conference, "What I've seen so far is that he (Trump) is calmer, more confident, and more composed than when he first won the election."