Laura Ingraham and Donald Trump Jr. join forces in a daring new business venture shaking up the media world

Laura Ingraham is the latest high-profile conservative figure to join Donald Trump Jr.’s newest MAGA-aligned business project. The Trump family has already faced criticism for what opponents view as using the second MAGA administration to enrich themselves and their allies.

Ingraham, host of Fox News’ The Ingraham Angle and a longtime supporter of President Donald Trump, has joined Colombier Acquisition Corp. III, a special-purpose acquisition company (SPAC) led by Trump Jr.

SPACs, sometimes called “blank-check companies,” raise funds on the stock market with the intention of merging with or acquiring a private firm, offering those firms a quicker path to going public.

Colombier Acquisition Corp. III has not yet announced which companies it plans to merge with, but SEC filings say its mission is to “fund the next chapter of American Exceptionalism and help Make America Grow Again.” The entity filed for an IPO on Friday valued at around $260 million.

The SPAC will be overseen by Omeed Malik, a close Trump family associate and CEO of 1789 Capital, where Trump Jr. became a partner last year. Other directors include billionaire Chamath Palihapitiya, 1789 Capital founder Chris Buskirk, and former Senate candidate Blake Masters.

Ingraham’s involvement adds to her growing ties with the Trump orbit. Earlier this year, Trump appointed her to the board of the Kennedy Center as part of his push to counter what he sees as liberal influence in major cultural institutions.

The new venture surfaces amid renewed scrutiny of the Trump family, especially Eric and Donald Jr., who critics say are profiting from ventures—especially in crypto—as their father’s administration loosens industry regulations under AI Czar David Sacks.