Coming soon: Trump Mobile

Trump Mobile is the Trump Organization's next licensing deal, the president's sons, Eric Trump and Donald Trump Jr., announced today.

• The organization made millions in real estate and luxury golf courses, and has expanded into other avenues, including crypto and digital media, Axios' April Rubin notes.

👂 How it works: The announcement promised a $499 phone, made in the U.S., as well as a monthly unlimited "47 plan" plan for $47.45.

• The Trump Organization won't be involved in designing or manufacturing the phone or providing or selling cell service, according to Reuters, which also notes that no one has yet figured out how to make a $499 phone in the U.S.