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Fact check: Which companies declined to fund the Trump parade?

Checked on June 17, 2025

1. Summary of the results

Based on the analyses provided, Meta is the primary company explicitly mentioned as declining to fund Trump's military parade [1] [2]. Meta had initially been listed as a sponsor but withdrew their support, with sources indicating they had previously canceled their contract with America250 in 2022 due to concerns over mismanagement of funds and leadership dysfunction [2].

The analyses reveal that several major corporations are actually sponsoring the Trump parade, including Coinbase, Lockheed Martin, and Oracle [3]. Coinbase's participation has generated significant backlash from the cryptocurrency community [4].

2. Missing context/alternative viewpoints

The original question appears to conflate or confuse two separate corporate withdrawal trends occurring simultaneously:

  • Corporate retreat from Pride events: Multiple major companies have pulled sponsorship from LGBTQ+ Pride parades and events, including Boeing, Expedia Group, Amazon's LGBTQ+ employee resource group from Seattle Pride [5], Mastercard, Citi, Pepsi, Nissan, PwC, Booz Allen Hamilton, Deloitte, Anheuser-Busch, Comcast, and Diageo [6], and Google, Home Depot, Nissan, Adidas, and Clorox from Pride Toronto [7].
  • Trump parade sponsorship: The analyses show that most major tech and corporate entities are actually supporting rather than declining to fund Trump's military parade.

The corporate withdrawal from Pride events is attributed to fear of drawing President Trump's ire [5], perceived risk of federal investigations and pressure from conservative activists [6], and the broader context of dozens of states passing laws restricting trans people's rights [7].

Companies and organizations that would benefit from the narrative that corporations are widely rejecting Trump include LGBTQ+ advocacy groups and Democratic political organizations, while defense contractors like Lockheed Martin and tech companies like Oracle clearly benefit financially from supporting Trump's military parade.

3. Potential misinformation/bias in the original statement

The original question contains a significant factual error by implying that multiple companies have declined to fund "the Trump parade." The analyses show that:

  • Only Meta is documented as declining Trump parade sponsorship [1] [2]
  • Multiple major corporations are actually sponsoring the event [3]
  • The question may be conflating corporate withdrawal from Pride events with Trump parade funding, which are entirely separate phenomena occurring for opposite political reasons

This conflation could be intentionally misleading to suggest broader corporate opposition to Trump than actually exists, or it could reflect genuine confusion between two concurrent but unrelated corporate sponsorship stories in the news cycle.

Want to dive deeper?
Which companies did fund the Trump parade?
What was the estimated cost of the Trump parade?
How did the Trump administration respond to funding declines?
What role did corporate social responsibility play in funding decisions?
Were there any political or public relations consequences for companies that declined funding?