Tech moguls who invested in Greenland mining also gave Trump campaign $243m: report

[BumRushDaShow]

Source: The Independent

Wednesday 16 April 2025 04:10 BST


Tech moguls and other wealthy individuals who donated to Donald Trump’s 2024 campaign could financially profit if the United States takes over Greenland, given their deepening financial ties there, according to a report. Since returning to the White House, Trump has been keenly eying a takeover of the autonomous territory of Denmark. Vice President JD Vance even visited Greenland last month to underscore the administration’s startling insistence to control the island.

Trump said flatly ahead of Vance’s visit: “We need it. We have to have it.” Trump’s National Security Adviser Mike Waltz told Fox News in January: “This is about critical minerals. This is about natural resources.” The president has also insisted that national and international security interests are driving his plan to control the Arctic territory.

The motivation to control the territory could be essentially commercial. Greenland has significant reserves of rare earth minerals, which are critical to the tech industry — and to advanced defense technologies. Dominant in the rare earth minerals supply chain is China, which early this month placed significant export restrictions on some of the minerals in retaliation for Trump’s trade war.

Now, in a review of campaign finance records and corporate filings, mining companies. (sic) The revelation has raised ethics and influence questions about the motivation behind the president’s push to take over the territory.

Read more: https://www.independent.co.uk/news/world/americas/us-politics/greenland-trump-tech-moguls-donations-b2734045.html

[SupportSanity]

1. It's always about the grift. Trust not what Trump says to you.

[C_U_L8R]

2. The Trump Admin is coin operated.

Follow the money and you'll find the crimes.

[Irish_Dem]

3. Yes follow the billionaire cash bribes to Trump.

Explains Trump's policies.

[sop]

10. "Follow the money" has always been the best way to find out the truth.

[Irish_Dem]

11. Yes similar to the question I always ask: Who benefits and how?

Sometimes there is more than just a money motivation for criminal behavior.

[muriel_volestrangler]

4. The Guardian article with the link that The Independent mangled, that caused you to put in the "sic", is this:

Trump donors eye potential bonanza if US succeeds with Greenland land-grab

Among those who have invested millions in KoBold Metals, a mining company at the leading edge of Greenland’s “modern gold rush” for rare minerals essential to tech companies, are major Trump donors such as Meta’s Mark Zuckerberg, OpenAI’s Sam Altman, Amazon’s Jeff Bezos and other Silicon Valley moguls.

The top investor in Critical Metals Corp, which has a mining permit in Greenland, is the hedge fund Cantor Fitzgerald, which Trump’s commerce secretary, Howard Lutnick, led until January. Critical Metals’ other top institutional investors include Vanguard, BlackRock, Geode Capital and State Street – companies that have amassed $314m in Trump Media stock, much of it purchased just ahead of the election.

Among the Greenland bids’ loudest supporters are crypto tycoons who poured unparalleled sums of money into 2024 Trump and Republican campaigns while labeling Greenland an “investment frontier” where data centers essential to the US artificial intelligence and crypto currency industries could be built. Some of the same donors also want to establish a largely autonomous libertarian utopian “post state” for the tech elite in Greenland that could be used to practice “terraforming” for a Mars colony.

The group behind the “state”, Praxis, labels its members “optimistic pioneers”, but critics say it is a colonialist operation aimed at plundering wealth and resources from a weak nation still linked to Denmark – its colonial power. Regardless, Praxis is already backed by $525m and includes members of or donors to the Trump administration, such as the PayPal co-founder Ken Howery, who was nominated for ambassador to Denmark.

https://www.theguardian.com/us-news/2025/apr/15/trump-greenland-donors-investors-finance

[highplainsdem]

6. Thanks!

[highplainsdem]

5. "...ethics and influence questions about the motivation behind the president's __________"

Just fill in the blank with anything Trump does. There are ALWAYS ethics and influence questions.

Least ethical president ever.

Most corrupt president ever.

Most dangerous president ever.

[tanyev]

7. There we go.

[BumRushDaShow]

8. See...

now you are gonna make me put that song on!

[travelingthrulife]

9. These tech bros all need to go down.

Killing America. My Dad said at age 99 before he died, he said rich people were going to kill this country. They have.

[gohuskies]

12. Grift and profiteering are the hallmarks of tRumpism

The only way he governs is to make everything transactional so that it lines his pockets. Just simply a blend of Caligula and Hitler. We are going to have to survive in a lot of dark days with this maladministration. The MAGA motto is 'Lawa are for thee, not for me". Totally disgusting.