Showing posts with label like father like son. Show all posts
Showing posts with label like father like son. Show all posts

Tuesday, March 10, 2026

Trump sons find new way to profit off the Pentagon

https://www.dailykos.com/stories/2026/3/9/2372407/-Trump-sons-find-new-way-to-profit-off-the-Pentagon?pm_campaign=front_page&pm_source=top_news_slot_3&pm_medium=web 

 

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Donald Trump is pictured with his sons Don Jr., left, and Eric, at the Republican National Convention in Milwaukee, Wisconsin, on July 15, 2024.

President Donald Trump’s sons have been stuffing their pockets thanks to the drone industry as their daddy clears the way for his boys to profit. 

On Monday, The Wall Street Journal reported on Donald Trump Jr. and Eric Trump’s latest venture with drone company Powerus.

Now, the whos and whats get pretty incestuous, so bear with me. Unusual Machines, which counts Don Jr. as a board member and shareholder, is an investor in Powerus. Trump family investment vehicle American Ventures is also invested in the deal. And Trump-affiliated  investment bank Dominari Securities,which has helped the family make bank off cryptocurrency, is reportedly involved in the deal as well. 


Related | Company tied to Don Jr. randomly wins big Pentagon contract


Powerus isn’t a random outlier that just emerged in the drone manufacturing scene. The company, which is working to acquire Ukrainian drone technology, is also a previous customer of Unusual Machines. Don Jr. became an investor and adviser in late 2025, before the company landed its own Pentagon contract

With all of that out of the way, Powerus is also conveniently located in West Palm Beach, Florida, which is a Trump family hub. 

Cartoon by Mike Luckovich

But the drone market wouldn’t be so lucrative if the president hadn’t banned Chinese drones from the U.S. market in the first place. With that competition out of the way, business dealings have been more active than ever. 

In February, Eric invested in a merger between Israeli drone maker XTEND and a Florida construction company, aimed at taking the company public. 

XTEND’s AI system, according to reporting by Reuters, is already being used by the Pentagon.

All of these business deals can start to blend together at a certain point. After all, Trump’s children have already grifted what they could from their father’s deregulation of cryptocurrency

From drones to crypto to book deals and real estate ventures, the Trump family is ensuring that their wealth will only continue to grow while their daddy is in the White House—and even once he vacates it.


Related | Crypto is the grift that keeps on giving for the Trump family


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