President Donald Trump bought up to $50,000 in Space Exploration Technologies Corp (NASDAQ:SPCX) shares shortly after the Elon Musk-led company’s record IPO.
Trump Bought SpaceX Shares After Record IPO
Trump purchased between $15,001 and $50,000 worth of SpaceX shares on June 23, according to a financial disclosure signed Aug. 12 and released Saturday.
The transaction was among more than 1,000 stock trades made by Trump in June. It also included sizable investments in Berkshire Hathaway (NYSE:BRK) (NYSE:BRK), Visa Inc. (NYSE:V), Mastercard Inc. (NYSE:MA) and Cintas (NASDAQ:CTAS).
The purchase came just 11 days after SpaceX completed the biggest-ever U.S. initial public offering. The June 12 IPO valued the space, satellite and artificial intelligence company at about $1.77 trillion.
