Fact Check: Eric Trump invested in drone maker shortly before Iran war [Yahoo! Finance]
JFB Construction Holdings - Class A (JFB)
Company Research
Source: Yahoo! Finance
President Donald Trump's son Eric Trump invested in a company that makes autonomous drones driven by artificial intelligence. Rating: Rating: True Context: XTEND, an Israeli company that makes AI-operated autonomous drones, and JFB Construction Holdings, a U.S. construction company, announced on Feb. 17, 2026, that they were merging. An official statement on the Securities and Exchange Commission's website listed Eric Trump as one of the investors in the merger. Another was Unusual Machines, a drone maker that counts another of Trump's sons, Donald Trump Jr., on its advisory board. Once the merger is complete, the joint company, which is expected to be named XTEND AI Robotics, will trade publicly as part of Nasdaq. In March 2026, a rumor spread that Eric Trump, the son of U.S. President Donald Trump, had invested in a drone company just before the start of the U.S.-Israel war on Iran, which began on Feb. 28, 2026. The rumor spread on Facebook , with one post calling the cl
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JFB
News
- JFB Announces XTEND's Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception Capabilities [Yahoo! Finance]Yahoo! Finance
- JFB Announces XTEND’s Strategic Partnership with ParaZero Technologies to Revolutionize Drone Interception CapabilitiesGlobeNewswire
- JFB Announces XTEND's $8.8M U.S. Government Contract Strengthening U.S. AI and Manufacturing Capabilities [Yahoo! Finance]Yahoo! Finance
- XTEND secures final delivery of $8.8M U.S. government contract [Seeking Alpha]Seeking Alpha
- JFB Announces XTEND’s $8.8M U.S. Government Contract Strengthening U.S. AI and Manufacturing CapabilitiesGlobeNewswire
JFB
Sec Filings
- 3/27/26 - Form 425
- 3/27/26 - Form 425
- 3/27/26 - Form 425
- JFB's page on the SEC website