Bud Light is America’s biggest selling beer, with 14 per cent of the overall beer market. Earlier this month, Bud Light entered into a partnership with Mulvaney, 27, who is currently on hormones to transition to a woman. Currently at $US125.73 billion, the company’s market capitalisation six days ago stood at $US132.38 billion. According to media reports in the US, the decision to use Mulvaney was taken by a “low-level marketing staffer”. Last week, Anheuser-Busch InBev issued a statement that suggested the C-suite had approved the decision to use Mulvaney.