USA, Sept 8, 2025 — 1789 Capital, a venture fund closely tied to the Trump political network, has quietly swelled its assets to an estimated $1 billion following Donald Trump’s return to the presidency. Once a relatively obscure firm, 1789 Capital has surged in value and profile—expanding its portfolio in sectors aligned with its “America First” philosophy.
The fund was originally co-founded by former investment banker Omeed Malik and Arizona businessman Christopher Buskirk, and later bolstered when Donald Trump Jr. joined as a partner right after the 2024 election. This high-profile addition helped propel 1789 into the sights of political and financial watchers.
From Niche to Notable
With its newfound capital strength, the firm has invested in high-profile tech companies like SpaceX, Neuralink, and xAI, as well as Perplexity AI, Juul Labs, Hadrian (defense manufacturing), and conservative media ventures—including Tucker Carlson’s network and PublicSquare.
Despite no evidence of legal wrongdoing, ethics experts have raised alarms about potential conflicts of interest. With Don Jr.’s dual role as both key political figure and venture partner, the fund’s investments in defense and AI sectors could benefit from favorable regulatory decisions, raising concerns about the boundary between private enterprise and political power.
Source: Reuter
