Trump's August Financial Disclosure Shows Large Investments in Meta and SpaceX
President Donald Trump disclosed over 500 securities transactions in August, including a purchase of up to $25 million in Meta stock. He also invested as much as $5 million in SpaceX debt on Aug. 18—two days before signing a policy aimed at expanding U.S. commercial space transportation by supporting more than 1,000 annual launches and reentries by 2030. The transactions included significant purchases of shares from companies like AT&T, ConocoPhillips, Abbott Laboratories, Netflix, and Chevron on Aug. 21, while selling stakes in firms such as AMD, Church & Dwight, Boeing, Home Depot, T-Mobile, Dell Technologies, and Nvidia. The total value of the trades ranged between $74.3 million to $273.3 million. Trump's investment in SpaceX included senior unsecured notes with a 5.35% interest rate maturing in July 2031. This comes as SpaceX is positioned to benefit from government policies promoting private space infrastructure development, given its role as a major Pentagon and NASA contractor.
Topics: Meta SpaceX stock trading Trump financials