Trumpf Crime Family (TCF) Scores Again with $620m Contract

Thursday, December 04, 2025

Vulcan Elements, a rare-earth magnets startup backed by Dummkopf Trumpf Jr's venture capital firm 1789 Capital, has secured a $620 million contract from the US DOD. The contract is part of a $1.4 billion partnership with the US government and ReElement Technologies to expand and boost the domestic supply of magnets.

Posted by C0RI0LANUS at 03:50 AM | 1 COMMENT | permalink

Comments

Dummkopf Trump Jr. joined 1789 Capital as a partner in 2024. The firm is said to have invested in Vulcan Elements around three months ago. In August, the company announced a $65 million Series A led by Altimeter Capital. This government contract represents the largest ever made by the Pentagon's Office of Strategic Capital. This year alone, at least four 1789 companies have received government contracts. The firm is also a backer of SpaceX and Anduril, two long-time sellers of tech to the government.

Vulcan vigorously denied that Trumpf Jr had any involvement with the contract negotiations, as did a spokesperson for Trumpf Jr, who whined he "had no involvement in negotiations with the government on behalf of 1789's portfolio companies."

On 10 Nov, Dummkopf Trumpf bleated that "no one knows what magnets are" during a strange Oval Office press conference. "China was going to hit us with rare-earth. Now, everybody says, Oh, what does that mean?' Magnets. If China refused to give magnets, because they have a monopoly on magnets ... there wouldn't be a car made in the entire world."

#1 | Posted by C0RI0LANUS at 2025-12-04 03:54 AM