Trump to announce SoftBank's $100 billion investment in U.S. projects
President-elect Donald Trump will announce a $100 billion investment by SoftBank in U.S. projects over the next four years. The announcement will take place at his Mar-a-Lago resort in Florida, marking Trump's first press conference since winning the election. This investment is part of Trump's efforts to promote his policies and attract foreign investment. In the past, similar announcements, like Foxconn's planned investment, have not fully materialized, raising questions about the reliability of such commitments. SoftBank, led by CEO Masayoshi Son, has a diverse investment portfolio, including companies like Yahoo and Alibaba. The new investment follows Trump's recent promises to expedite federal permits for large projects.