Alright, buckle up folks—this is gonna be a ride. Imagine you’re wandering around the bustling New York Stock Exchange, and there’s this commotion, right? That sound of ringing bells, loud cheers—or maybe a mix of cheers and boos—because Donald Trump Jr. is doing his thing, kicking off GrabAGun’s big debut. Who would’ve thought?
So GrabAGun, this online place where you can snag firearms, is rocking the ticker “PEW.” Classy, huh? Anyway, stock shoots up like a rocket, then crashes like my hopes after trying to bake sourdough. Down 21%—like, ouch.
They got to this festive day by hitching a ride with a SPAC, which is basically a sneaky way for newbies to skip the usual IPO red tape and dive straight into public trading. GrabAGun, based in sunny Palm Beach, bags over $119 million. Not too shabby. They’re gonna use it to fuel company’s dreams or something like that.
And then there’s Trump Jr.—everybody’s best board member when your last name sells. After his dad won the White House again, companies have been scrambling to get him on their team. It’s like magic. He made his board debut a couple years ago with something called Trump Media & Technology Group. Rings a bell? Maybe, maybe not.
By the time November 2024 rolled around, he’s been collecting board positions like they’re Pokémon cards. GrabAGun’s just one in his shiny new collection. Yeah, the guy’s been tapped for five gigs since then.
Oh, and fun fact—Trump Jr. jumped on the board of this drone company, Unusual Machines, soon as his pops was re-elected. What happened next? Their stock didn’t just lift off. It went supersonic. Shares tripled, seriously.
And check this, PSQ Holdings, which is trying to market itself as “anti-woke” (whatever that means these days), had its shares triple too after announcing Trump Jr. was joining their board. Coincidence? Maybe, but you can’t help but raise an eyebrow.
Not to be left out, Dominari Holdings decided to get in on the Trump family board game. They got both Donald Jr. and Eric on their advisory board—cha-ching! Their stock skyrocketed like a stunt gone right, from $3 to $13.
So yeah, the Trump Jr. bump is real, folks. Who knew board meetings could be this thrilling?
