Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

muriel_volestrangler

(104,184 posts)
4. The Guardian article with the link that The Independent mangled, that caused you to put in the "sic", is this:
Wed Apr 16, 2025, 08:04 AM
Apr 2025
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

Recommendations

0 members have recommended this reply (displayed in chronological order):

Latest Discussions»Latest Breaking News»Tech moguls who invested ...»Reply #4