Former U.S. President Donald Trump disclosed a financial stake in SpaceX, Elon Musk’s aerospace company, in a federal filing made public on Monday. The purchase, valued between $15,001 and $50,000, was executed on June 23, according to the disclosure.
The filing, submitted on August 12 and released on August 22, revealed that Trump’s portfolio included more than 1,000 stock transactions during June. SpaceX, a major government contractor, held its initial public offering on June 12, setting records for the company. The disclosure comes amid heightened scrutiny of Trump’s financial dealings and investments in entities with ties to federal agencies.
A White House spokesperson, Davis Ingle, stated that third-party financial institutions independently manage Trump’s portfolio, replicating recognized indexes such as the Schwab 1000. Ingle emphasized that neither Trump nor his family members have any influence over investment decisions or timing.
The disclosure follows Trump’s recent directive to his administration to accelerate commercial space launch activity in the U.S. SpaceX, headquartered in Starbase, Texas, frequently engages with federal regulators and operates as a key supplier to the U.S. Armed Forces. The filing does not specify the exact number of shares purchased, as federal officials report asset values using predefined ranges.
