Trump bought and sold shares in Musk’s SpaceX in July, financial disclosure shows
WASHINGTON, Sept 22 : US President Donald Trump bought as much as $50,000 worth of shares and sold as much as $15,000 in Elon Musk’s SpaceX in July, according to a public financial disclosure, his latest transactions involving a government contractor run by his former adviser. Trump bought between $15,001 and $50,000 worth of shares in SpaceX on July 10, according to a financial disclosure he signed on September 8. He sold between $1,001 and $15,000 worth of shares on July 17, according to the same disclosure. The latest trades add a new financial link between the president and Musk’s rocket company at a time when the administration is making decisions that could affect the firm’s fortunes. SpaceX priced the biggest-ever US IPO on June 12, valuing the space, satellite and AI provider at $1.77 trillion. Reuters previously reported that Trump bought shares in SpaceX in June. SpaceX’s share price fell by 15 per cent between July 10 and 17, the period when Trump made the trades. In a statement to Reuters at the time, White …







