Tech Billionaires Drive Trump's Renewed Interest in Greenland

News Flash 2026-01-15 03:52

US President Donald Trump has reignited interest in Greenland, framing it as a national security priority. However, this move is closely tied to the interests of American tech billionaires who supported Trump's 2024 campaign. Greenland's vast mineral reserves and strategic location make it an attractive target for tech industries seeking critical resources. Prominent figures such as Bill Gates, Jeff Bezos, and Peter Thiel have invested in Greenland through ventures like KoBold Metals and Praxis, aiming to exploit its rare earth minerals and explore crypto-native governance models. These investments align with Trump's administration, where individuals with ties to Greenland-focused companies hold influential roles, further intertwining private interests with US policy. The strategic focus on Greenland appears driven more by commercial ambitions than national security, with tech billionaires leveraging their influence to push for access to the island's resources. This convergence of private capital and political power underscores the complex motivations behind Trump's Arctic agenda.

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