U.S. President Donald Trump bought as much as $50,000 worth of shares in SpaceX and sold as much as $15,000 of the same stock in July, according to a public financial disclosure. The transactions involved a government contractor run by Elon Musk, a former adviser to the president. The Office of Government Ethics, the agency responsible for collecting and publishing ethics forms from federal officials, posted the disclosure on its website on Tuesday, September 22, 2026.
These trades follow the company's June 12 initial public offering, which valued the space, satellite, and AI provider at $1.77 trillion. SpaceX is a U.S. military contractor that often seeks regulatory approvals from federal agencies. The president had previously purchased shares in the company during the month of June.
According to the disclosure signed by Trump on September 8, he purchased between $15,001 and $50,000 worth of SpaceX shares on July 10. On July 17, he sold a portion valued between $1,001 and $15,000. These were two of more than 1,000 trades the president made during the month of July. Precise dollar amounts were not available because federal disclosure rules require officials to report assets in broad value ranges.
The transactions establish a financial link between President Donald Trump and a major federal contractor. While White House spokesperson Davis Ingle previously stated that third-party institutions manage the president's investments to mirror indexes like the Schwab 1000, these disclosures show he holds an interest in a firm valued at $1.77 trillion. As a military contractor, SpaceX receives government contracts and is subject to oversight by federal agencies under the president's administration.
The reported transactions involved a maximum purchase of $50,000 and a maximum sale of $15,000 in July 2026. Because the investment is tied to a company that frequently seeks government approvals, the trade establishes a financial link between the executive branch and a private entity that performs work for the U.S. government.
The president’s spokesperson did not immediately respond to a request for comment on the July trades. The public is able to monitor future trades through the Office of Government Ethics website as new forms are submitted.