New York Times: “Dating back to the first Trump administration, members of the Trump family have faced criticism for mixing business with politics. But what sets apart the latest moves by Donald Trump Jr. is how he and Mr. Malik, through 1789 Capital, are cashing in on the policies of the current administration openly and without apology.”“Many of the companies that 1789 has invested in have large government contracts while others, like Polymarket, have benefited directly from new Trump policies or rollbacks of existing laws. The firm bought shares in some of the most coveted private companies before many went public, including SpaceX, Anduril, Cerebras and Reflection AI, often by leveraging their political and business connections to secure a stake or to help boost the companies’ sales.”“Just two years ago, 1789 managed a few hundred million dollars. It now oversees more than $3 billion. Its main investment fund generated returns of roughly 200 percent as of June 30, according to a person familiar with the firm’s performance.”