SoftBank's $100 Billion Bet on US Jobs and Tech
In a joint press conference at Mar-a-Lago on Monday, SoftBank CEO Masayoshi Son announced a monumental $100 billion investment into the United States over the next four years. Joined by President-elect Donald Trump, Son emphasized that the decision reflects his confidence in the U.S. economy under Trump’s leadership.
The investment is expected to create at least 100,000 American jobs, focusing on industries of the future such as artificial intelligence, emerging technologies, and innovation-driven sectors. Trump described the announcement as a “historic investment”, highlighting its role in keeping cutting-edge industries “built, created, and grown right here in the USA.”
This isn’t the first collaboration between Son and Trump. Their close working relationship dates back to 2016 during Trump’s first term, when SoftBank pledged $50 billion to U.S. startups, creating 50,000 jobs. At the press conference, Son explained his decision to double down on the previous commitment: “President Trump is a double down president, I’m going to have to double down.”
The $100 billion pledge comes as the U.S. gears up for significant economic and technological growth, signaling continued partnership between global business leaders and the Trump administration. It also solidifies SoftBank’s strategic interest in shaping innovation ecosystems across America.
