Team Trump is stacking cash.
President-elect Donald Trump’s political operation is getting flooded with so much money on the heels of his election victory that it reportedly expects to rake in about $500 million by summer.
The mountain of cash amounts to about a third of what he and aligned outside groups raised in 2024 and will enable him to buoy cooperative Republicans in the 2026 midterm elections.
“The money is just pouring in at Mar-a-Lago. Trump doesn’t have to lift a finger. Everyone’s coming to him,” one Trump adviser told Axios, which first reported the story.
“We’re looking at half a billion [dollars] by June, and we’re on track,” the adviser continued. “It’s sort of a target but it’s just a realistic projection of what’s happening.”
The outpouring of donations is spread across entities like the Republican National Committee, Trump’s presidential library fund, the nonprofit Securing American Greatness, super PAC MAGA Inc. and his inauguration account, per the report.
Trump was dramatically outspent in the 2016, 2020 and 2024 election cycles, but now as he enters his last term in the White House, donors appear to be warming up to him.
Scores of companies such as Hyundai, Stellantis, Delta, Google, Meta, Amazon and more have all announced plans to infuse $1 million a pop into Trump’s inaugural coffers.
Some CEOs such as Apple’s Tim Cook and OpenAI’s CEO Sam Altman have either pledged to or already have donated around $1 million to his inaugural fund.
Donations have spanned numerous industries, including finance, tech, crypto, health care and more.
Industry titans have flocked down to Mar-a-Lago since Trump’s election win, where the president-elect has granted them an audience.
“The crypto guys are just blowing it out,” the Trump adviser told Axios. “It used to be $1 million was a big number. Now we’re looking at some folks giving like $10 [million] or $20 million.”
The incoming president has tapped entrepreneur David Sacks as his White House AI and crypto czar, signaling plans to be friendly with the crypto industry.
Despite the monster windfall, Trump’s allies are adamant that he can’t be bought on policy and won’t be swayed to back their agenda if it diverges from his.
“He’ll take your money and then tell you, ‘I don’t give a f—k what you want.’ He did that during the campaign,” another Trump adviser told Axios. “He’s going to do what he wants, what the base wants.”
Underpinning some of the donation sprees are fears within some companies that rivals will be more successful at getting into Trump’s good graces.
Space and electric car tycoon Elon Musk, for example, courted Trump since the summer and actively campaigned on his behalf.
Jeff Bezos, who is competing against Musk’s SpaceX via Blue Origin in a modern space race, has expressed optimism about Trump in public. Bezos’ company Amazon is working on a documentary on Melania Trump.
Meanwhile, Meta boss Mark Zuckerberg, whose social media platforms compete against Musk’s X, has relaxed content moderation policies and become more publicly critical of the Biden administration.
All three tech titans are set to attend Trump’s inauguration.
Trump’s campaign and aligned outside groups had raised about $1.4 billion during the 2024 cycle, while Harris allies had raised about $2 billion, according to data from OpenSecrets.
The Post reached out to the Trump transition team for comment.
