SoftBank commits $100 billion to U.S. projects under Trump despite market cap concerns

SoftBank has announced a $100 billion investment commitment to U.S. projects during Donald Trump's presidency, aiming to create at least 100,000 jobs in technology. This pledge is double the $50 billion commitment made in 2016. However, SoftBank's current market cap is $97 billion, and it has only $29 billion in cash. The company has not clarified how it will finance this new commitment, raising questions about its feasibility. SoftBank's most valuable asset is its majority stake in Arm Holdings, valued at approximately $137 billion. The company previously fulfilled its 2016 pledge, but it remains unclear if it met its job creation target.