Several key business leaders and industry organisations, such as United Airlines CEO Scott Kirby and the US Chamber of Commerce, quickly congratulated Mr Biden once he was declared the projected winner on November 7.
Mr Trump, a real estate mogul who often brags about his close ties with the corporate world, especially on Wall Street, has been left behind by some of those very contacts. "I supported President Trump and the strong economic path he built. Like many in the business community, I am ready to help President-elect Biden and his team as they confront the significant challenges of rebuilding our post-COVID economy."
Nevertheless, JPMorgan Chase boss Jamie Dimon - whose relationship with Mr Trump has soured over time - called for a"peaceful transition." "We need bipartisanship in the Biden administration to ensure economic relief for the industries hardest-hit by Covid-19," the American Hotel and Lodging Association said.