Proclaiming a new American “Golden Age,” Trump consolidated power hours into his new term, wielding massive executive authority in seeking to obliterate large chunks of Joe Biden’s legacy and showing he plans to learn from his first-term failures to pull off a transformational presidency.

World’s-richest-man Elon Musk, Meta CEO Mark Zuckerberg, and Amazon chief Jeff Bezos are slated to attend the forty-seventh president’s inauguration next week, according to NBC News. The tech trio will be seated alongside elected officials and Trump’s Cabinet selections.

Big tech helped Trump win the election, but will small-medium tech reap the benefits? Business owners in the tech industry will be closely monitoring the first days of Donald Trump’s second presidency,

The company formerly known as Google has seen almost a 16 per cent rise in share price from when Trump was confirmed as having won the US election in early November, and while it has held fairly steady across the past month, the final week of Joe Biden’s administration did see an initial 1.6 per cent rise.

Donald Trump was sworn in Monday as the 47th president of the United States in one of the most remarkable political comebacks in U.S. history.

Melania Trump made a subtle dig toward the Obamas, claiming they “withheld” information from her husband during his first term in the White House that ultimately made the transition

"All previously scheduled travel of refugees to the US is being cancelled," a State Department memo says, following an executive order from President Trump.

Tech leaders should have a visible presence at Trump’s inauguration, with Jeff Bezos, Elon Musk, Mark Zuckerberg, Tim Cook, Shou Zi Chew, Sundar Pichai, and Sam Altman all reported to be present. Musk is also scheduled to speak at a pre-inauguration rally, and Zuckerberg will reportedly host a black-tie event on Inauguration Day.

With temperatures reaching a high of 24 degrees in Washington, D.C., Trump's political comeback was cemented inside the Capitol Rotunda, with a reduced audience.

President Donald Trump signs an executive order to create the Department of Government Efficiency (DOGE) in the Oval Office of the White House, Monday, Jan. 20, 2025

One of the first actions Trump took was to roll back a number of Biden-era decisions on key topics, including artificial intelligence. The new President decided to scrap Executive Order 14110, which was passed in October 2023 by Joe Biden, and was designed to enshrine safe, secure and trustworthy development of AI.

For now, however, the two are bound together tightly by mutual self-interest. Trump promises to give the new oligopoly all the freedom it wants, and in return the titans of tech promise a new industrial age that will drive the US to ever greater heights of economic and geopolitical prowess.