President Donald Trump acquired between $15,001 and $50,000 worth of SpaceX stock on June 23, 2026, according to a financial disclosure signed on August 12 and made public on August 22. The purchase came just 11 days after SpaceX completed its record-setting initial public offering on June 12, which valued the space, satellite and artificial intelligence company at approximately $1.77 trillion, the largest-ever U.S. IPO.
Disclosure rules require officials to report ranges rather than exact figures, so the precise amount Trump invested is not known. Public trading data indicates SpaceX shares traded in the mid-$150 range on June 23 after falling from post-IPO highs above $200. By Monday's close, the stock settled at $135, down 1.44% on the day, potentially leaving the president's newly acquired stake underwater. Over the past month, however, SpaceX shares have gained 17.32%.
The SpaceX purchase was part of more than 1,000 stock trades made in Trump's portfolio during June 2026. The disclosure also showed sales of major technology holdings, including Nvidia, Apple, Broadcom, Amazon and Tesla, with reported values ranging from $15,001 to $250,000. Other buys included Berkshire Hathaway, Visa, Mastercard and Cintas.
White House spokesman Davis Ingle said the portfolio is managed by third-party financial institutions and replicates recognized indexes such as the Schwab 1000. Ingle emphasized that neither Trump nor any family member has the ability to direct, influence or provide input regarding how the portfolio is invested or when investments are bought or sold.
The transaction has drawn attention because SpaceX is a major U.S. military contractor and regularly seeks approvals from federal agencies. Last week, Trump signed a memorandum directing his administration to sharply increase U.S. commercial space launches to at least 1,000 launches and re-entries per year by 2030, a market SpaceX dominates. Separately, Small Business Administration head Kelly Loeffler also profited from the SpaceX IPO through her earlier investment in xAI, which has since merged with SpaceX.
SpaceX reported second-quarter revenue of $7.81 billion, a 92% year-over-year increase that beat the $6.93 billion consensus estimate. Its loss of 9 cents per share was narrower than the 24-cent loss analysts expected. The purchase adds a personal financial dimension to Trump's relationship with SpaceX and Elon Musk, who reportedly had a falling out with the president last summer over the handling of Department of Justice files related to Jeffrey Epstein.
