Trump spoke with Apple CEO Tim Cook about the upcoming investment

President-elect Donald Trump said on the eve of his inauguration that he spoke with Apple CEO Tim Cook and talked about a possible move by the world’s most valuable company.

He said during his speech, which he organized under the slogan “Make America Great Again for Victory” on Sunday in Washington, DC: “I spoke with Tim Cook from Apple. He said that they will make huge investments in the United States because of our great victory in the elections.”

Apple didn’t do it right away Responded to FOX Business’ request for comment.

tape	protection	last	It changes	% changes
Apple	Apple Inc	229.98	+1.72	+0.75%

This won’t be the first time the two have worked together. In 2019, during Trump’s first term, Cook was a member of the US Workforce Policy Advisory Board.

Since winning the electoral and popular vote on November 5, 2024, Trump has obtained two major investments in the United States: first, SoftBank promises $100 million To create 100 thousand job opportunities.

“This historic investment is a tremendous demonstration of confidence in America’s future. It will help ensure that artificial intelligence, Trump announced last December that emerging technologies and other industries of tomorrow are being built, created and grown here in the United States.

The second is a $20 billion commitment from Damac to build data centers.

What do you know about Damac?

“I am pleased to announce today that Damac will invest at least US$20 billion over a very short period of time in the United States, and it could be double that amount or even somewhat more than double that amount. This is great.” Trump said.

The first stage of Data center Trump said the project would be in Texas, Arizona, Oklahoma, Louisiana, Ohio, Illinois, Michigan and Indiana.

Since the election, several CEOs have dined with Trump at Mar-a-Lago, including Meta’s Mark Zuckerberg, Google’s Sundar Pichai, and Walmart’s Doug McMillion.

Walmart’s CEO met with Trump and talked about politics and the economy

Trump also spoke about growing optimism in the economy, small business confidence at a 39-year high, and the stock market. Since his win, the S&P 500 is up nearly 4%, the Dow Jones Industrial Average is up 3%, and the Nasdaq Composite is up 6%.

He also mentioned Bitcoin’s operation. The largest cryptocurrency by market cap is trading north of $100,000 as of Sunday evening.

As for Apple, its stock has It has advanced more than 20% over the past 12 months, recently reaching a $4 trillion valuation before falling back from that milestone.

Tech leaders Bezos, Zuckerberg, Cook and Pichai are looking forward to a face-to-face meeting with Trump

FOX Business’ Eric Revell and Fox News’ Greg Norman contributed to this report.