Donald Trump Jr. hosting NYC investor event for Amazon of guns aims to ring NYSE bell for PEW in June
WASHINGTON — First son Donald Trump Jr.is co-hosting an investor gathering in New York City next Tuesday for online gun retailer GrabAGun — and is expected to ring the bell on the New York Stock Exchange next month for the firearms seller.An invitation seen by The Post says that Trump, his business partner Omeed Malik and GrabAGun CEO Marc Nemati — who hope to transform the platform into the Amazon.com of gun sales — will host a lunch in Midtown with a private dinner also on the books for that evening.Organizers expect about 50 hedge fund managers and other institutional investors at each meal.Avid hunter Trump Jr.
and Malik, the founder of 1789 Capital, have described the business as a way to use the private sector to bolster Americans’ Second Amendment rights — after previously partnering in 2023 to bring public the “anti-woke” online marketplace Public Square with pro-free-speech rhetoric.GrabAGun allows customers to easily shop for guns that are then shipped to the buyer’s local federally licensed firearms dealer for the final processing of legally required background checks.Malik and Trump Jr.touted their plans this month while appearing at the Qatar Economic Forum — with Malik saying the platform lets you “buy guns and ammunition online just like you can on Amazon because we have a Second Amendment right.”“That’s an entire area that’s been starved of funding in the United States for ideological purposes,” he said.Trump Jr.
will serve on the board of the company after it goes public.Malik will remain an investor without a corporate title.
Guns are not sold on many major American online platforms, but comprise a major market — with 16.7 million firearms sold in the U.S.in 2023, generally for hundreds of dollars per weapon, according to the National Criminal Justice Association.GrabAGun, which also sells gun accessories and a variety of outdoor apparel and gear, is going public via a special purpose acquisition company (SPA...