Trump Bought Shares in Elon Musk’s SpaceX in June, Financial Disclosure Shows
The disclosure adds a new financial link between Trump and Musk’s rocket company as the administration weighs decisions that could affect its business.
- President Donald Trump invested between $15,001 and $50,000 in SpaceX on June 23, according to a financial disclosure made public August 22, linking him to a major government contractor.
- White House spokesman Davis Ingle stated that third-party institutions manage Trump's portfolio by replicating 'recognized indexes, such as the Schwab 1000,' ensuring neither Trump nor family members influence investment decisions.
- SpaceX operates as a major military contractor frequently seeking federal agency approvals, making the investment a new financial link between Trump and a firm subject to significant administration decision-making.
- On Thursday, Trump directed his team to drastically increase the number of U.S. commercial space launches, while SpaceX remains a dominant player in that sector.
- The SpaceX purchase followed the company's June 12 IPO and was part of over 1,000 stock trades Trump executed that month, though exact amounts remain unclear due to federal disclosure ranges.
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Trump bought shares in Elon Musk’s SpaceX in June, financial disclosure shows
By Courtney Rozen WASHINGTON, Aug 24 (Reuters) - U.S. President Donald Trump invested as much as $50,000 in Elon Musk's SpaceX in June, according to a public financial disclosure, giving him a financial stake in a major government contractor run by h...
US President Donald Trump carried out over 1,000 financial transactions in June, selling and buying stock, bonds and funds traded on the stock exchange, in an extensive restructuring of his investment portfolio, CNBC reports.
Trump stock disclosure shows more than 1,000 trades in June
Throughout June, President Donald Trump was active in the securities market, executing upwards of one thousand trades involving major purchases and sales of various stocks. This financial disclosure highlights transactions worth millions across a spectrum of companies. Moreover, in the year 2025, he completed over twenty-one thousand trades. The White House asserts that these investments are managed independently, ensuring no conflict of interes…
US President Donald Trump conducted more than a thousand transactions involving stocks and other investments in June. The transactions had a combined value of up to 263 million dollars (approximately 224 million euros), according to a financial statement published on Saturday.
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