Last November, shortly after Donald Trump was reelected president, his son Donald Trump Jr. joined a venture capital firm with investments in several defense companies. Later that month, he was appointed the advisory board of Unusual Machines, a small, Florida-based drone company incorporated in Nevada.
Securities filings showed Trump Jr. owned 331,580 shares in the company, with only two top executives holding more.
After he joined the board, the stock doubled to about $10 a share.
It was a boon for Trump Jr., but not his last chance to make big money off drones — and his efforts to do so may get a big helping hand from dad.
President Donald Trump’s military procurement policies, defense budget, and recently passed government budget, the One Big Beautiful Bill Act, includes $1.4 bi