09.10.2026 17:00
It emerged that Trump bought $1 million to $5 million in bonds from SpaceX, owned by Elon Musk, two days before he approved the new space policy in August. The White House argued that Trump did not personally make the transactions, the portfolio was managed independently, and there was no conflict of interest.
It has emerged that US President Donald Trump bought $1 million to $5 million in debt securities from SpaceX, owned by Elon Musk, two days before he approved a new space policy in August.
HE BOUGHT A LARGE AMOUNT OF DEBT SECURITIES FROM SPACEX
According to reports in the American press based on Trump's financial documents, Trump purchased $1 million to $5 million worth of SpaceX debt securities in August.
Two days later, Trump signed a document setting out the new policy aimed at strengthening space transportation.
It was stated that this purchase from SpaceX was among the 517 transactions Trump made in August, and that "conflict of interest" questions came to the fore here.
PURCHASES BEFORE HOSTING CEOS AT THE WHITE HOUSE DREW ATTENTION
Purchases made before hosting CEOs at the White House also drew attention.
Meanwhile, according to the documents, Trump bought up to $25 million in Meta stock, up to $6 million in Microsoft stock, and a smaller amount of Oracle stock.
It also did not go unnoticed that this purchase took place weeks before Trump brought together the CEOs of major companies, including the companies in question, at the White House.
WHITE HOUSE: TRUMP DID NOT PERSONALLY MAKE THE TRANSACTIONS
Meanwhile, White House spokesperson Davis Ingle said in a statement to CNN, "President Trump's stock and bond portfolio is managed by independent third-party financial institutions. All assets are held in authorized accounts and are created through computer-based model portfolios that automatically replicate well-known indexes such as the Schwab 1000."
Underlining that Trump or any member of his family "has no authority to give direction, influence, or express opinions on how the portfolio is to be constructed or when investments are to be bought and sold," Ingle noted that these decisions are made by independent managers.
Ingle said, "There is no conflict of interest."