1789 Capital Founder and President Omeed Malik and Donald Trump Jr. appear on “Mornings with Maria” to discuss GrabAGun Digital’s public trading debut.
Patriotism is on the rise as it coincides with the first year of President Trump’s second term.
The 1789 Capital Growth Equity Fund, which invests in U.S. security and capitalist policy, has grown from just $200 million in assets since the beginning of the year to $2 billion by December 31, 2025. The fund is currently closed to new investors, sources told FOX Business. The company also has a new fund called 1789 Real Estate Fund, which has raised $1 billion in just a few months.
The fund aims to tap into people moving to South Florida from high-tax blue states such as New York, where demand for commercial space, housing, hospitals and schools is increasing, officials said.
The company, co-founded by investors Omeed Malik and Chris Buskirk, also counts Donald Trump Jr. as a partner, and was an early adopter of U.S. investments.
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Among the 30 high-profile bets are: Elon Musk’s SpaceXcould go public this year, reportedly with a potential valuation of $1 trillion, according to early estimates. Groq, an AI company in the portfolio, also reportedly partnered with Nvidia in December in a deal worth about $20 billion.
SpaceX’s Falcon 9 rocket and Crew Dragon capsule on Launch Pad 39A at NASA’s Kennedy Space Center in Cape Canaveral, Florida, November 9, 2021. The rocket is being prepared for the third attempt to launch the Crew-3 mission into international space. (Photo by Joe Radle/Getty Images/Getty Images)
Additionally, defense technology companies Anduril was founded by Palmer Lackey, I own it. Earlier this week, Lackey touted the company’s new military technology in an exclusive interview with FOX Business’ Liz Claman.
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“We are about to begin large-scale production of the first autonomous fighter aircraft that Anduril has had the opportunity to build: the YFQ-44 for the US Air Force. There are no pilots. There are no pilots at all. This is an autonomous, loyal wingman that will fly alongside the US Airmen. So we have a combination of manned and unmanned pilots, and they can take risks that human pilots would not take,” he elaborated.
The Anduril YFQ-44 seen as a model is an unmanned combat aircraft. (Photographer: Kyle Grillot/Bloomberg via Getty Images / Getty Images)
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Online gun retailer GrabAGun is also backed by the company.
| ticker | safety | last | change | change % |
|---|---|---|---|---|
| PEW | Grabagon Digital Holdings Co., Ltd. | 3.71 | +0.56 |
+17.62% |
Grabagon supports Second Amendment rights
From left, Mark Nemati, CEO of Grabgun Digital Holdings, Donald Trump Jr., executive vice president of development and acquisitions at the Trump Organization, and Omeed Malik, founder of 1789 Capital, ring the ceremonial bell. (Photographer: Michael Nagle/Bloomberg via Getty Images / Getty Images)
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After the company’s initial public offering on the New York Stock Exchange in July, Trump Jr. told FOX Business that his investment group’s involvement in GrabAGun was a “catalyst for change” at a time when there is a “cultural shift” in attitudes toward the Second Amendment.
