Trump bought up to $25 million in Meta and millions in SpaceX debt in August
The filing shows 517 August trades and renewed conflict-of-interest concerns as Trump’s trust bought Meta shares and SpaceX bonds.
- President Donald Trump disclosed more than 500 securities transactions in August, including a purchase of up to $25 million in Meta stock and an investment of as much as $5 million in SpaceX debt.
- The 517 purchases and sales totaled roughly $74.3 million to $273.3 million, according to a CNBC analysis, with trading activity remaining highly active despite slowing from prior months.
- On Aug. 18, Trump's accounts purchased SpaceX notes carrying a 5.35% interest rate; two days later, he signed a national space transportation policy supporting commercial launch expansion, a sector where SpaceX serves as a major Pentagon contractor and NASA provider.
- Sen. Elizabeth Warren and Rep. Robert Garcia requested information on Trump's money managers, though the White House denied any conflicts of interest, and Trump said, "They invest my money, and I don't talk to them. I never — I don't even speak to them."
- Diversified holdings included Abbott Laboratories, Netflix, and Chevron, while sales encompassed Dell Technologies and Nvidia, as some estimates detailed by CNBC claim he made more than $2.2 billion in revenue last year.
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New York., The trust in which the assets of the President of the United States, Donald Trump, are deposited, bought several million dollars in August in the titles of Meta, by Mark Zuckerberg, and SpaceX, by Elon Musk, according to a document published yesterday. Although the trust is managed independently, the thousands of stock transactions carried out since the beginning of Trump’s second term have led to allegations of conflicts of interest.…
U.S. President Donald Trump purchased SpaceX bonds of up to $5 million a few days before the White House announced a new strategy for space travel. Two days after the purchase of securities, the Head of State signed a memorandum aimed at strengthening the space transportation system. The paper provides support to the industry to ensure that by 2030 more than a thousand launches per year, writes The Washington Post. The last financial statement o…
TRUMP FACES BACKLASH OVER SPACEX DEBT PURCHASE AS WHITE HOUSE PRESS BAN FIGHT INTENSIFIES
President Trump's financial disclosure reveals up to $5 million in SpaceX debt purchased days before a new space policy announcement, while a federal judge extends a block on his White House press ban and an Arizona man faces charges for threatening to bomb the White House.
Just two days before launching an initiative to reduce regulatory barriers to commercial space transport, President Donald Trump bought up to $5 million in August in bonds issued by SpaceX, a major federal government-led contractor...
Trump bought millions in bonds before signing memo that could explode their value: report
President Donald Trump put up to $5 million into bonds from SpaceX just two days before he rolled out an effort to cut red tape for commercial space travel, according to newly released ethics filings reported by CNN.SpaceX, led by right-wing tech titan Elon Musk, is a significant government contract...
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