Donald Trump’s sons stand to cash in big as their daddy drums up demand for a family-backed drone company

President Donald Trump‘s sons, Eric and Donald Trump Jr., could become richer because of the Iran war, according to the Wall Street Journal.

The outlet reports that Eric and Donald Jr. are merging their golf course-holing company with Powerus, a Florida-based drone company. The timing is conspicuous, as Trump implemented a strict federal procurement ban on foreign-made UAS (Unmanned Aircraft Systems) in his second term, and the recent Israeli-U.S. war in Iran. The Journal reports Powerus plans to produce up to 10,000 drones a month, hoping to meet increased Pentagon demand. The drone market “is certainly going to grow faster than, say, golf courses are,” Powerus CEO Andrew Fox said.

Other Trump drone connections

In Feb. 2026, AlJazeera reported that Eric Trump had invested in Israeli drone maker Xtend, as the firm merged with Florida-based JFB Construction Holdings. Xtend’s drones are used for both military and industrial purposes. In Dec. 2024, Xtend signed an $8.8 million deal with the Pentagon before Trump returned to office. Donald Jr. was also involved in the merger as an advisor.

“I am incredibly proud to invest in companies I believe in. Drones are clearly the wave of the future. Xtend has unbelievable potential,” Eric told AlJazeera in a statement.

Trump family interests in his second term

These investments are part of a broader expansion of Trump family business interests during the president’s second term, drawing scrutiny from ethics watchdogs and some lawmakers who argue that the overlap between public policy and private profit creates potential conflicts of interest.

Investigations by journalists and watchdog groups have found that since returning to office in 2025, the Trump family’s business empire has moved aggressively into sectors directly affected by federal policy, including cryptocurrency, artificial intelligence infrastructure, defense technology, and overseas real estate development.

One of the most lucrative ventures has been cryptocurrency. The Trump-backed platform World Liberty Financial has raised hundreds of millions of dollars by selling digital tokens to investors around the world, with members of the Trump family holding significant stakes in the project. The company has also attracted large foreign investments, including a reported $500 million stake purchased by a firm linked to the United Arab Emirates shortly before Trump’s second inauguration.

Other deals have tied the family to emerging technology sectors that could benefit from federal incentives or regulatory decisions. As well as drones, Donald Jr. and Eric have been involved in ventures connected to bitcoin mining, artificial-intelligence data centers, and investment vehicles targeting U.S. manufacturing firms.

In one example, the brothers partnered with investors and crypto miner Hut 8 to form a joint venture now known as American Bitcoin, where they and their partners reportedly hold a roughly 20% stake.

An Associated Press investigation reported that Trump-linked businesses have taken in hundreds of millions of dollars since his return to the White House through a combination of crypto projects, licensing deals, overseas developments, and other ventures. Supporters of the president argue that the businesses are run independently by his children and that Trump himself has stepped back from day-to-day operations.