Japanese billionaire reportedly pledges $50 billion investment in the U.S., 50,000 jobs after meeting with Trump
President-elect Donald Trump emerged from a meeting with SoftBank Group Corp. CEO Masayoshi Son on Tuesday with news he'd secured "a $50 billion investment in the United States and 50,000 jobs" from the Japanese billionaire, per a pool report. "I just came to celebrate his new job," Son said, referring to Trump's pending assumption of the presidency, before confirming he would make jobs by investing in American start-ups. "I said, 'This is great, the U.S. will become great again.'"
Trump called Son one of the "great men of industry" and was quick to celebrate the deal on Twitter:
Masa said he would never do this had we (Trump) not won the election!
— Donald J. Trump (@realDonaldTrump) December 6, 2016
Outside of Japan, Son is known for his purchase of American phone carrier Sprint in 2013. Son recently attempted to craft a merger between Sprint and T-Mobile, but The New York Times reported those efforst have "so far resulted mostly in red ink."
Son reportedly said he had "no specific agenda" for his meeting with Trump on Tuesday.