SpaceX (SPCX) rose 2.79% Tuesday morning after President Donald Trump praised Space Force in a Truth Social post, although the stock was already up more than 1% in premarket trading and the message appeared about an hour after the New York open. Trump’s portfolio bought $15,001 to $50,000 of SpaceX shares on June 23, according to a financial disclosure signed August 12 and released August 22 or later, less than two weeks after the company’s June 12 IPO valued near $1.77 trillion. The purchase was disclosed near the stock’s $135 IPO price after it had fallen from highs above $200. SpaceX’s government exposure includes a $2.29 billion Space Systems Command contract and a $1.6 billion order for 18 Falcon 9 launches, while JPMorgan maintains a $240 target based partly on artificial-intelligence opportunities. TipRanks data shows 33 analysts rate SPCX Moderate Buy, with an average target of $228.59. About 370 million insider shares are due to unlock in September. Lawmakers have questioned conflicts of interest, while the White House says independent managers direct Trump’s portfolio and neither Trump nor his family can influence trades.