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Snopes - DOD gave $620M loan to startup backed by Donald Trump Jr.'s venture capital firm [View all]
A startup company backed by Donald Trump Jr.’s investment firm received a $620 million loan from the U.S. Department of Defense.
Rating: True
Rumors circulated online in December 2025 that a startup company backed by Donald Trump Jr.'s venture capital firm was granted a $620 million loan from the U.S. Department of Defense (DOD).
Users on social media platforms like X (archived) and Facebook (archive) spread the purported news. Some users suggested the Trump administration was "the most corrupt administration in the history of America" due to the apparent conflict of interest of such a deal.
Link to tweet
The claim that a company backed by Trump Jr.'s investment firm, 1789 Capital, secured a $620 million loan from the DOD was true.
https://www.snopes.com/fact-check/donald-trump-jr-dod-loan/
16 replies
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