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2026-08-28T15:18:11.000Z

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UAE and Lebanon Explore Investment Opportunities

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Tech firms backing Trump now support Democrats

Tech firms backing Trump now support Democrats

Major technology companies in the United States, including Meta and OpenAI, are increasing their donations to the Democratic Party in anticipation of potential investigations by Congress if the Democrats win a majority in the midterm elections. These companies are examining possible legal vulnerabilities and preparing for the possibility of interrogations and subpoenas, particularly those related to the Trump family and senior aides. Meanwhile, Elon Musk, CEO of Tesla and SpaceX, plans to support the Republican Party with increased donations. American companies have so far contributed a record total of $646 million, a 40% increase compared to the 2024 presidential election, with corporate political funding being one of the main sources of these contributions.

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