Trump Bought and Sold SpaceX Shares in July, New Disclosure Shows

President Donald Trump bought and then sold a stake in Elon Musk's privately-held company SpaceX in July, according to a public financial disclosure form. The report details the president's latest transactions involving a major U.S. government contractor.

Details of the Transactions

The financial disclosure, which was signed by the president on September 8 and posted by the Office of Government Ethics, shows two transactions in the space exploration company.

• Purchase: Trump bought between $15,001 and $50,000 worth of SpaceX shares on July 10.
• Sale: He later sold between $1,001 and $15,000 worth of shares on July 17.

Federal disclosure forms require officials to report the value of their assets and transactions in broad ranges, so the precise amounts of the trades are not publicly known. The filing indicated these were among more than 1,000 trades the president made in July.

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Context and Implications

These transactions create a new financial link between the president and SpaceX, a company that is a significant U.S. military contractor and frequently seeks regulatory approvals from federal agencies. The administration's decisions have the potential to directly affect the company's business operations and valuation.

This is not the first reported instance of the president trading in the company's shares, as Reuters previously noted a purchase in June. The relationship is also notable as Elon Musk formerly served as an adviser to President Trump.