Technology Giants Renovate the White House Ballroom

Significant Funding Support from the Technology Sector

American tech giants are providing substantial funding for former President Donald Trump's reconstruction of the White House Ballroom. This project, planned at a cost of 250 million dollars, is designed to accommodate 1,000 guests.

Domestic and Foreign Supporters

Trump will not use taxpayers for the financing of this extravagant project; instead, he will prefer private donations. The project will also gain support from major tech firms such as Amazon, Apple, Google, Meta, and Microsoft, as well as defense companies like Palantir and Lockheed Martin, and telecommunications providers like Comcast and T-Mobile.

Cryptocurrency and Developing Relationships

The cryptocurrency sector has also contributed to this project through donations. Names such as Coinbase, Ripple, Tether America, and the Winklevoss twins are among those who have contributed. The exact amounts donated by each contributor remain uncertain at this time.

Trump and Silicon Valley Relationships

While the renovation work on the White House grounds continues, the relationships between Silicon Valley and Trump have shown a remarkable change. The tech sector, which opposed Trump in the 2016 elections, has now begun to support the President with more sincere donations in his second term. For example, Meta contributed 1 million dollars to Trump's second inauguration, and Amazon also made a 1 million dollar donation, indicating a strengthened alignment between Trump and the tech sector.

Tech giants appear willing to collaborate with the current administration, as many large companies are facing antitrust lawsuits. This situation may have solidified their relationships with the Trump administration.