https://www.cnn.com/2026/10/08/investing/trump-5-million-dollars-spacex-bonds
Just two days before launching an effort to slash red tape for commercial space transportation, President Donald Trump last month purchased up to $5 million of bonds issued by SpaceX, a major federal contractor run by Elon Musk, according to ethics filings made public on Thursday.
Beyond SpaceX debt, Trump purchased up to $25 million of Meta shares, up to $6 million of Microsoft stock and a smaller amount of Oracle shares, filings show.
Those trades occurred weeks before Trump convened Musk, Meta CEO Mark Zuckerberg and other AI leaders for a White House summit. Notably, Trump forcefully pushed back on calls for a regulatory crackdown to address safety fears, opting for a lighter touch instead.
Looks like administration is going to continue to support SPCX for a long time. It seems insane and awful but at the same time, don’t bet against this stock seems like.
h/t Sufficient_Habit5091
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