Inside the $2 billion bet on ‘patriotic capitalism’

Two years after launching 1789 Capital and one year after Donald Trump clinched the presidency, investors Chris Buskirk, Omeed Malik, and Donald Trump Jr. have raised more than $2 billion — and they’re putting that money towards a cause they’ve branded “patriotic capitalism.” In practice, that means prioritizing investments that “boost American competitiveness” as Trump Jr. told me. Thus far, the fund has invested in defense technology companies like Anduril and Hadrian that use artificial intelligence to create the weapons of the future; rare earth magnet producer Vulcan Elements, which aims to secure domestic supply chains; and all of Elon…