Yesterday, Trump and SoftBank’s CEO Masayoshi Son announced at Mar-a-Lago that SoftBank plans to invest $100 billion in the US over the next four years, creating 100,000 jobs. Trump, still sharp, immediately inquired, “What about $200 billion?”
Big Tech Races to Mar-a-Lago to Show Loyalty?
The benefits of courting Trump are certainly obvious. Just look at $Tesla Motors(TSLA)$ price increase to see why.
Trump has met with several prominent tech leaders, including $Alphabet(GOOG)$ CEO Sundar Pichai, $Meta Platforms, Inc.(META)$ founder Mark Zuckerberg, $Apple(AAPL)$ CEO Tim Cook, and TikTok CEO Shou Zi Chew.
Last week, Trump also mentioned that he plans to meet with $Amazon.com(AMZN)$ founder Jeff Bezos this week.
He plans to meet with $Netflix(NFLX)$ co-CEO Ted Sarandos at Mar-a-Lago estate on Tuesday.
Meta and other companies have recently announced they will donate $1 million to Trump's inauguration fund. OpenAI CEO Sam Altman also emphasized that he made the donation to Trump in a personal capacity.
Who will be the next tech leader to be invited?
Currently, among the "MAG 7" companies, it seems that only $NVIDIA(NVDA)$ and $Microsoft(MSFT)$ have not received an invitation to Mar-a-Lago. Some Tigers said, "Hurry up and send Jensen to meet Trump, maybe it will save the falling stock price."
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