Don Trump Jr Stuns With Surprise Life-Changing News
Donald Trump Jr. has made a surprising move in support of the Second Amendment, further solidifying his stance on gun rights.
The eldest son of President-elect Donald Trump has been a crucial figure in both his father’s political and business ventures. As the executive vice president of The Trump Organization, he has also played a significant role in bringing Sen. J.D. Vance onto the presidential ticket for November’s election.
Now, he is merging business interests with gun rights advocacy.
Trump Jr. has taken on the role of special consultant for the online firearms retailer GrabAGun, which is preparing to go public following a merger with Omeed Malik’s Colombier Acquisition Corp. II, as reported by the New York Post.
Already involved as a partner in Malik’s investment firm, 1789 Capital, Trump Jr. explained to the Post that investing in an online firearms company aligns with both his financial goals and political beliefs.
Despite ongoing opposition from progressives, gun rights remain a major market.
“The gun space has been one of the spaces most attacked by woke corporate America,” Trump told The Post. However, he believes the timing for their involvement in GrabAGun is ideal. “People are more concerned for their security than ever.”
To differentiate from ESG (Environmental, Social, and Governance), Malik coined the term EIG—standing for entrepreneurship, innovation, and growth—as the guiding principle for 1789 Capital’s investments.
“We are looking to invest in great businesses that aren’t impaired by ESG mandates,” Malik stated to The Post.
“This is a continuation of building out the EIG ecosystem leading to further synergies amongst its members”… we’re running towards those opportunities.”
A company spokesperson revealed that GrabAGun, valued at $150 million in the deal, generated over $100 million in revenue last year and is already profitable.
By leveraging his special purpose acquisition company, Colombier Acquisition Corp. II, Malik will take GrabAGun public, allowing it to be listed on a public stock exchange.
Even with potential backlash, both Malik and Trump Jr. emphasize that their main objective is to support businesses that empower Americans to exercise their Second Amendment rights.
GrabAGun is particularly focused on younger demographics, including Millennials and Gen Zers, with firearm purchases by individuals aged 18 to 35 increasing 57% since 2014.
Trump Jr. stated, “The younger demographic will be able to purchase guns the way they want — online.” He also reassured that GrabAGun adheres to all federal requirements, conducting thorough background checks and tracking each sale.
In addition to going public, PublicSq.—another company backed by Malik and Trump Jr.—is providing the technology for GrabAGun’s payment processing. Traditional credit card companies have increasingly declined firearm-related transactions due to their classification as high-risk.
PublicSq. was Malik’s first company to go public in 2023 through a special purpose acquisition.
Positioning itself as a platform for businesses that value “freedom,” “family,” and “the Constitution,” PublicSq. aims to become a leading online marketplace.
Last year, PublicSq. announced the launch of its payment processing system, which GrabAGun now utilizes for transactions.
The company is expected to file paperwork as early as Monday to initiate its public listing on the New York Stock Exchange.
Malik’s 1789 Capital—named after the year the Bill of Rights was ratified—has raised over $150 million with support from GOP mega-donor Rebekah Mercer. Mercer has previously backed Breitbart, Cambridge Analytica, and former Arizona Senate candidate Blake Masters.
Additionally, one of 1789 Capital’s first investments was in the Tucker Carlson Network.