According to Reuters, a public financial disclosure document shows that US President Trump invested up to 50,000 US dollars in SpaceX in June, which allowed him to hold financial shares in an important government contractor. The company is headed by his former advisor Elon Musk. According to financial disclosure documents signed by Trump on August 12 and made public on August 22, he purchased SpaceX shares worth $15,001 to $50,000 on June 23. The investment is one of more than 1,000 stock deals Trump carried out in June. It is currently unclear how much Trump paid for these stocks, but the stock price had already fallen from a high of more than $200 to the bottom at the time. On June 23, SpaceX's stock price hovered around $150. When the market closed on Monday, the stock closed at an IPO price of $135, which could mean that Trump's holdings have already lost money. White House spokesman Davis Ingle said in a statement sent to Reuters that the president's investment portfolio is independently managed by a third-party financial institution and replicates the investment strategies of recognized indices such as the “Schwab 1000 Index.”

According to Reuters, a public financial disclosure document shows that US President Trump invested up to 50,000 US dollars in SpaceX in June, which allowed him to hold financial shares in an important government contractor. The company is headed by his former advisor Elon Musk. According to financial disclosure documents signed by Trump on August 12 and made public on August 22, he purchased SpaceX shares worth $15,001 to $50,000 on June 23. The investment is one of more than 1,000 stock deals Trump carried out in June. It is currently unclear how much Trump paid for these stocks, but the stock price had already fallen from a high of more than $200 to the bottom at the time. On June 23, SpaceX's stock price hovered around $150. When the market closed on Monday, the stock closed at an IPO price of $135, which could mean that Trump's holdings have already lost money. White House spokesman Davis Ingle said in a statement sent to Reuters that the president's investment portfolio is independently managed by a third-party financial institution and replicates the investment strategies of recognized indices such as the “Schwab 1000 Index.”