U.S. President Donald Trump bought shares in SpaceX worth between $15,001 and $50,000 on June 23, according to a financial disclosure, just days after the aerospace company completed the largest initial public offering in American history. The acquisition came less than two weeks after SpaceX priced its IPO at $135 per share on June 12, when the company reached a valuation of $1.77 trillion.
The purchase was disclosed in a filing released Monday. SpaceX had gone public earlier in the month, marking a milestone for the space industry and financial markets alike.
White House spokesman Davis Ingle stated that the president's investment portfolio is managed independently by external financial institutions, addressing questions about potential conflicts of interest. The disclosure sheds light on Trump's personal holdings in one of the world's most prominent companies, founded by Elon Musk, which has reshaped commercial spaceflight and secured major U.S. government contracts.