Breaking: The President's son is on a heater
Donald Trump Jr's fund invested in one of the only U.S. rare earth magnet startups at a $200M valuationThree months later, the Pentagon awarded Vulcan a $620M loan and the Commerce Dept took a $50M equity stakeIn February, Trump announced a $12B rare earth strategic reserveToday, the company is now valued at $2 billion. That's a 10x for Trump Jr in under a yearVulcan is building the largest rare earth magnet factory outside of China. The U.S. says it needs to stop relying on China, which controls 90% of global rare earth processingThe timing is either the greatest coincidence in investing history, or it isn't
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