Trump bought up to $25 million in Meta and millions in SpaceX debt in August
Trump disclosed 517 August trades, including up to $5 million in debt from SpaceX, a major Pentagon contractor and NASA launch provider.
TL;DR
- President Trump made over 500 securities transactions in August, totaling between $74.3 million and $273.3 million.
- Key August transactions included a purchase of up to $25 million in Meta stock and $1 million to $5 million in SpaceX debt.
- The SpaceX investment occurred two days before Trump signed a policy to expand U.S. commercial space transportation.
- Trump also bought shares in AT&T, ConocoPhillips, Abbott Laboratories, Netflix, and Chevron, and sold shares in Advanced Micro Devices and Church & Dwight.
- His portfolio trades slowed compared to June and July but remained highly active.
- The White House stated that Trump's portfolio is independently managed and he cannot influence investment decisions.
- Trump continued to invest in municipal debt.
- Other large public companies in which Trump reported purchases include Microsoft, McDonald's, and Comcast.