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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86 Articles
White House on Trump purchasing SpaceX debt before space order: 'No conflicts of interest'
The White House said on Friday there was no conflict of interest when President Trump's accounts bought more than $1 million in SpaceX debt two days before he signed an executive order on space transportation policy.
White House on Trump purchasing SpaceX debt before space order: ‘No conflicts of interest’
The White House said Friday there was no conflict of interest when President Trump’s accounts bought more than $1 million in SpaceX debt two days before he signed an executive order on space transportation policy. The president’s financial disclosure for August, published Thursday, shows Trump’s accounts purchased between $1 million and $5 million in senior…
Trump's Portfolio Bought up to $5M in SpaceX Bonds Two Days Before Policy That Could Benefit Elon Musk's Firm
Donald Trump's investment accounts bought up to $5 million in SpaceX bonds two days before he signed a policy designed to expand commercial US launches and reentries.
Trump Purchased SpaceX Debt Ahead Of New Policy
The Washington Post reports: President Donald Trump bought between $1 million and $5 million in debt issued by SpaceX just days before the White House announced a new space-travel policy, the president’s latest financial disclosure form shows. Two days after purchasing the bonds, Trump signed a memorandum setting out the new policy, which is intended … The post Trump Purchased SpaceX Debt Ahead Of New Policy appeared first on Joe.My.God..
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