Trump discloses US$15,001–US$50,000 stake in SpaceX
A financial disclosure reported by Reuters shows the US president bought SpaceX shares in June, putting his portfolio under scrutiny because of the company’s government contracts.
President Donald Trump bought between US$15,001 and US$50,000 in Space Exploration Technologies Corp. shares on 23 June, according to a financial disclosure reported by Reuters. The disclosure was signed on 12 August and made public on 22 August.
The purchase came shortly after SpaceX’s reported initial public offering and was part of more than 1,000 stock trades Trump made in June. The supplied account says the investment was made at a time when the administration was seeking to expand commercial space launches.
White House spokesman Davis Ingle said independent financial institutions manage Trump’s portfolio. He said neither Trump nor any member of his family could direct, influence or provide input on the investments.
The holding could prompt scrutiny because SpaceX is a major US government contractor. The available material does not establish a conflict of interest, whether the investment remains in Trump’s portfolio or whether it influenced any policy decisions.
The disclosure also adds attention to financial exposure to Musk-related companies among senior administration figures. However, the reported value of Trump’s holding is relatively small, and the filing itself was not provided in the source material.
