Today 1:32 pm
https://www.thedailybeast.com/don-jr-fa ... yant-bets/
In a letter obtained by MS NOW, Rep. Jamie Raskin, the top Democrat on the House Judiciary Committee, questions whether the lucrative bets made by 1789 Capital since January 2025 have been helped by access to the Trump administration.
1789 Capital, which was reportedly worth only a few million dollars when Trump Jr. joined, is now estimated at roughly $3 billion.
In the letter, Raskin points to a series of investments he says have been made with “almost clairvoyant accuracy.”
One investment drawing particular scrutiny is Vulcan Elements, a rare-earth magnet producer.
1789 Capital bought an undisclosed stake in 2025, about three months before the Pentagon announced a $620 million loan to the company. Bloomberg valued the two-year-old startup at about $200 million around the time of the investment. Following news of the government deal, its estimated value soared to nearly $2 billion.
Trump Jr. has denied having “inside information,” previously telling The New York Times that he and 1789 Capital president Omeed Malik simply made a “reasonable assumption” that Vulcan would succeed.
Sure...
This idiot...
https://youtu.be/DHFB40WOMOo?is=hZWCSq-J5_L65p7m
In a letter obtained by MS NOW, Rep. Jamie Raskin, the top Democrat on the House Judiciary Committee, questions whether the lucrative bets made by 1789 Capital since January 2025 have been helped by access to the Trump administration.
1789 Capital, which was reportedly worth only a few million dollars when Trump Jr. joined, is now estimated at roughly $3 billion.
In the letter, Raskin points to a series of investments he says have been made with “almost clairvoyant accuracy.”
One investment drawing particular scrutiny is Vulcan Elements, a rare-earth magnet producer.
1789 Capital bought an undisclosed stake in 2025, about three months before the Pentagon announced a $620 million loan to the company. Bloomberg valued the two-year-old startup at about $200 million around the time of the investment. Following news of the government deal, its estimated value soared to nearly $2 billion.
Trump Jr. has denied having “inside information,” previously telling The New York Times that he and 1789 Capital president Omeed Malik simply made a “reasonable assumption” that Vulcan would succeed.
Sure...
This idiot...
https://youtu.be/DHFB40WOMOo?is=hZWCSq-J5_L65p7m