What's NewPresident-elect Donald Trump and SoftBank Group CEO Masayoshi Son announced Monday morning in Mar-a-Lago that the multinational venture holding company will invest $100 billion United States projects over the next four years.Why It MattersIn a post to his social media site Truth Social, Trump said anyone making a $1 billion investment into the country will 'receive fully expedited approvals and permits, including, but in no way limited to, all environmental approvals.
'SoftBank, which is a technology group from Japan, makes investments into a variety of companies including Yahoo, Uber, DoorDash, Boston Dynamics and artificial intelligence company Nvidia.After Trump won his first term in the White House in 2016, he met with Son before taking office then as well. Son announced plans in 2016 to create 50,000 jobs and invest $50 billion into startups in the United States.
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Softbank CEO Masayoshi Son to announce $100 billion investment in U.S. during visit with TrumpSoftbank CEO Masayoshi Son will announce a $100 billion investment in the U.S. over the next four years.
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Trump, SoftBank CEO to announce $100 billion investment in the USRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
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SoftBank CEO to meet Trump, announce $100 billion U.S. investment, sources saySoftBank CEO to meet Trump, announce $100 billion U.S. investment, sources say
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Trump to announce $100B SoftBank investmentPresident-elect Donald Trump will join SoftBank Group CEO Masayoshi Son at his Florida home to announce that the company is planning to invest $100 billion in U.S. projects over the next four years. That’s according to a person familiar with the plans who spoke on condition of anonymity.
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