{"id":877404,"date":"2026-10-10T11:36:14","date_gmt":"2026-10-10T11:36:14","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/877404\/"},"modified":"2026-10-10T11:36:14","modified_gmt":"2026-10-10T11:36:14","slug":"trump-bought-up-to-5m-in-debt-issued-by-spacex-just-days-before-the-white-house-announced-a-new-space-travel-policy","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/877404\/","title":{"rendered":"Trump bought up to $5M in debt issued by SpaceX just days before the White House announced a new space-travel policy"},"content":{"rendered":"\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Donald Trump&#8217;s latest <a href=\"https:\/\/extapps2.oge.gov\/201\/Presiden.nsf\/PAS+Index\/0BDCCCE7DE13AEFA85258E8A002DE2B5\/$FILE\/Donald-J-Trump.09.17.2026-278T.pdf\" data-ylk=\"slk:financial%20disclosure;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;financial disclosure&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">financial disclosure<\/a> form shows he bought up to $5 million in debt issued by SpaceX just days after his administration announced a new space-travel memorandum.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The new policy is intended to strengthen space transportation with the goal of enabling over 1,000 launches and reentries on American soil <a href=\"https:\/\/www.whitehouse.gov\/fact-sheets\/2026\/08\/fact-sheet-president-donald-j-trump-launches-the-golden-age-of-space-transportation\/\" data-ylk=\"slk:annually%20by%202030;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;annually by 2030&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">annually by 2030<\/a>. The memorandum does not name SpaceX but directs agencies to ensure commercial access to federal launch facilities. It also promotes private investment and public-private partnerships in space infrastructure.  <\/p>\n<p>            Must Read              <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The memorandum was released on Aug. 20, just two days after his accounts purchased senior unsecured bonds in Elon Musk&#8217;s space and satellite company.  <\/p>\n<p>        Trump&#8217;s SpaceX move          <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Trump&#8217;s latest financial disclosure shows his accounts purchased between $1 million and $5 million in SpaceX bonds on Aug. 18. The purchase carries a 5.35% interest rate and matures in July 2031 \u2014 just one year after Trump plans to reach his space launch and reentry goal.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX is the <a href=\"https:\/\/www.reuters.com\/business\/media-telecom\/spacex-by-numbers-six-charts-mapping-businesses-driving-its-ipo-ambitions-2026-06-11\/\" data-ylk=\"slk:largest%20space-launch%20company;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;largest space-launch company&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">largest space-launch company<\/a> in the world by launch volume, market share and revenue. It&#8217;s also a major Pentagon contractor and a NASA launch provider, meaning it will directly benefit from policies aimed at widening the commercial space launch industry.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The president&#8217;s purchase of SpaceX bonds is significant not just because of the timing, but because most of his previous purchases have involved buying stocks in companies \u2014 not bonds.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">A financial advisor who spoke on the condition of anonymity told <a href=\"https:\/\/www.washingtonpost.com\/politics\/2026\/10\/08\/trump-invested-spacex-shortly-before-issuing-new-space-policy\/\" data-ylk=\"slk:the%20Washington%20Post%20(WP);elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;the Washington Post (WP)&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">the Washington Post (WP)<\/a> that it is rare for high-net-worth people to purchase debt to track bond index funds.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX sold bonds <a href=\"https:\/\/www.cnbc.com\/2026\/06\/23\/spacex-debt-bond-market-ipo.html\" data-ylk=\"slk:over%20the%20summer;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;over the summer&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">over the summer<\/a> to help finance its massive AI buildout and the high cost of developing its Starlink satellites. This allowed the company to gain capital without diluting equity after its IPO launch in June.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">In a statement to Moneywise, White House spokesman Davis Ingle said there is no conflict of interest in Trump&#8217;s transactions and that his stock-and-bond portfolio is &#8220;independently managed.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">&#8220;Neither President Trump nor any member of his family has any ability to direct, influence, or provide input regarding how the portfolio is invested or when investments are bought or sold. All investment decisions are made entirely by independent managers,&#8221; Ingle told Moneywise.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Ingles also said the portfolio is managed through discretionary accounts and &#8220;computer-based model portfolios that automatically replicate recognized indexes.&#8221;  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Read More: <a href=\"https:\/\/moneywise.com\/retirement\/retirement\/vanguard-raise-alarm-stocks-retirees?placement_syn=placement-two&amp;utm_source=syn_oath_mon&amp;utm_medium=BL&amp;utm_campaign=221107&amp;utm_content=syn_a58a0bd3-e348-4961-9b98-cc3b6c10f362\" data-ylk=\"slk:Vanguard%20reveals%20what&#039;s%20coming%20for%20U.S.%20stocks%20%E2%80%94%20and%20it%20could%20be%20bad%20news%20for%20this%20group%20of%20investors;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Vanguard reveals what&#039;s coming for U.S. stocks \u2014 and it could be bad news for this group of investors&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Vanguard reveals what&#8217;s coming for U.S. stocks \u2014 and it could be bad news for this group of investors<\/a>  <\/p>\n<p>       Trump&#8217;s financial disclosure         <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">SpaceX appeared among more than 500 securities transactions listed on Trump&#8217;s August disclosure. The purchases and sales totaled roughly $74.3 million to $272.3 million, according to <a href=\"https:\/\/www.cnbc.com\/2026\/10\/08\/trump-august-trades-meta-spacex-financial-disclosure.html\" data-ylk=\"slk:a%20CNBC%20analysis;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;a CNBC analysis&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">a CNBC analysis<\/a> of the disclosure.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">The largest transaction was a purchase of between $5 million and $25 million in Meta shares on Aug. 21. This trade happened weeks before Trump held a summit with Musk, Meta CEO Mark Zuckerberg and other AI leaders at the White House.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Other top tech companies that were represented at that meeting also appear in his disclosure, including Nvidia, Dell Technologies and Google.  <\/p>\n<p>       What To Read Next               <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">Want more Moneywise? <a href=\"https:\/\/moneywise.com\/subscription?placement_syn=placement-three&amp;utm_source=syn_oath_mon&amp;utm_medium=BL&amp;utm_campaign=221107&amp;utm_content=syn_96d3005e-ae03-4b0d-9890-ee5b8e8a29af\" data-ylk=\"slk:Join%20250%2C000%2B%20readers;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Join 250,000+ readers&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Join 250,000+ readers<\/a> who get our best stories and exclusive interviews in their inbox each week.  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article originally appeared on <a href=\"https:\/\/moneywise.com?placement_syn=original_1&amp;utm_source=syn_oath_mon&amp;utm_medium=WL&amp;utm_campaign=221107&amp;utm_content=syn_c25b60f2-a791-463d-9d09-62ecd740c583\" data-ylk=\"slk:Moneywise.com;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Moneywise.com&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Moneywise.com<\/a> under the title: <a href=\"https:\/\/moneywise.com\/news\/top-stories\/trump-spacex-bonds-space-policy?placement_syn=original_2&amp;utm_source=syn_oath_mon&amp;utm_medium=WL&amp;utm_campaign=221107&amp;utm_content=syn_64182116-5496-4885-8059-81a4d6ac2194\" data-ylk=\"slk:Trump%20bought%20up%20to%20%245M%20in%20debt%20issued%20by%20SpaceX%20just%20days%20before%20the%20White%20House%20announced%20a%20new%20space-travel%20policy;elm:context_link;itc:0;sec:content-canvas;source:content-canvas%20default\" data-yga=\"{&quot;yLinkText&quot;:&quot;Trump bought up to $5M in debt issued by SpaceX just days before the White House announced a new space-travel policy&quot;,&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yTrafficOrigin&quot;:&quot;content-canvas default&quot;}\" target=\"_blank\" rel=\"noopener noreferrer nofollow\">Trump bought up to $5M in debt issued by SpaceX just days before the White House announced a new space-travel policy<\/a>  <\/p>\n<p class=\"text text-block paragraph text-left neo-font-paragraph-xl-reg  yf-18d6y07\" style=\"text-decoration: none; font-style: normal; text-transform: none; text-align: inherit; font-variant-numeric: normal;\">This article provides information only and should not be construed as advice. It is provided without warranty of any kind.  <\/p>\n","protected":false},"excerpt":{"rendered":"Donald Trump&#8217;s latest financial disclosure form shows he bought up to $5 million in debt issued by SpaceX&hellip;\n","protected":false},"author":2,"featured_media":877405,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[5097,28,122,101,939,2993,2994,32455,2995,932,32456,20112,147,9323,1170,1666,79,193,6480,2996,2997,923,19533,3733,32457],"class_list":["post-877404","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-401k","tag-business","tag-business-news","tag-economy","tag-finance","tag-financial-information","tag-investing","tag-investment-tools","tag-investor","tag-market-news","tag-mortgage","tag-mutual-funds","tag-personal-finance","tag-quote","tag-real-estate","tag-retirement","tag-science","tag-space","tag-stock","tag-stock-research","tag-stock-valuation","tag-stocks","tag-suze-orman","tag-tax","tag-track-portfolio"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/877404","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=877404"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/877404\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/877405"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=877404"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=877404"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=877404"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}