US President Donald Trump bought between $15,001 and $50,000 worth of shares in Elon Musk’s SpaceX on July 10, 2026, and subsequently sold between $1,001 and $15,000 worth of shares on July 17, 2026, according to a public financial disclosure he signed on September 8, 2026 [1]. These transactions were revealed in a disclosure posted by the Office of Government Ethics and are part of more than 1,000 trades made by the president in July [1]. The exact amounts of the trades are not specified, as federal officials report asset values in ranges on disclosure forms [1].
The trades establish a new financial link between President Trump and SpaceX, a company run by his former adviser, Elon Musk, and a significant US military contractor that frequently seeks federal approvals [1]. The timing of these trades is notable, as the administration is making decisions that could impact SpaceX’s business prospects [1].
SpaceX recently priced the largest-ever US IPO on June 12, 2026, valuing the company at $1.77 trillion, and Reuters previously reported that Trump had also bought shares in SpaceX in June [1]. In response to questions about the president’s investments, White House spokesman Davis Ingle stated that third-party financial institutions independently manage the president’s portfolio and replicate recognized indexes, such as the Schwab 1000 [1]. Trump’s spokesperson did not immediately respond to requests for comment regarding the July trades [1].
CONCLUSION
President Trump's July trades in SpaceX shares highlight a growing financial connection to Elon Musk's company, especially as SpaceX's valuation and government contracts draw attention. The disclosure raises questions about potential conflicts of interest, though the White House maintains that the president's investments are independently managed.