Former U.S. President Donald Trump disclosed a purchase of SpaceX shares valued between $15,001 and $50,000 in a federal financial filing released Friday. The transaction was recorded in a June 23 trade, according to the disclosure signed on August 12.
The filing follows SpaceX’s June 12 initial public offering, which set records for the company’s valuation and market debut. The purchase is one of more than 1,000 stock trades reported by Trump in June, all managed by third-party financial institutions.
White House spokesman Davis Ingle stated that the portfolio is independently managed and replicates recognized indexes such as the Schwab 1000. Ingle added that neither Trump nor his family has any influence over investment decisions or timing of trades.
SpaceX operates as a major contractor for U.S. military and government agencies, while maintaining a dominant position in the commercial space launch sector. The company frequently engages with federal regulators on matters including satellite deployments and launch licensing.
