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fromTechCrunch
3 months ago

Company backed by Donald Trump Jr.'s firm nabs $620M government contract | TechCrunch

Vulcan Elements, a rare-earth magnets startup backed by Donald Trump Jr.'s VC firm 1789 Capital, has secured a $620 million contract from the U.S. defense department, as reported by the Financial Times. The contract is part of a $1.4 billion partnership with the U.S. Government and ReElement Technologies to expand and boost the domestic supply of magnets, according to the company. Trump Jr. joined 1789 Capital as a partner in 2024.
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US politics
fromBusiness Insider
10 months ago

How Donald Trump Jr. is cashing in on his dad's presidency

Donald Trump Jr. joined an investment startup focused on 'anti-woke' businesses and quickly secured valuable partnerships, raising conflict of interest concerns.
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