importantSYS.SOURCE: TechCrunch• 2026-08-24T21:24:17Z

Trump Acquires SpaceX Shares Post-IPO Amid Regulatory and Business Ties

#space #policy #stocks #politics

President Donald Trump purchased $50,000 in SpaceX shares two weeks after the company's record-breaking IPO, which saw shares decline from over $200 to the $150 range. The transaction occurs amid SpaceX's growing government contracts under the Trump administration and ongoing political ties with Elon Musk.

The president bought when the stock was in the mid-$150 range. SpaceX finished trading on Monday back at its IPO price of $135.

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