President Donald Trump bought between $15,001 and $50,000 in SpaceX shares on June 23, according to a public financial disclosure signed Aug. 12 and released Aug. 22, giving him a stake in Elon Musk’s rocket company about 11 days after its June 12 initial public offering. The purchase was among more than 1,000 June securities trades by his accounts, valued at a combined $78.1 million to $263.1 million. SpaceX is a major U.S. military contractor that frequently seeks federal approvals, and Trump this past week directed his team to help sharply increase U.S. commercial space launches, a market SpaceX dominates. The White House said third-party managers independently run the portfolio to replicate recognized indexes such as the Schwab 1000 and that neither the president nor his family directs trades. The broader June filing also detailed large ETF and stock moves, limited crypto-name activity, and drew Democratic scrutiny over trust structure and trading volume, while Forbes estimated Trump earned about $2.4 billion in 2025 largely from crypto ventures rather than stock trading.