It was disclosed that Donald Trump bought up to $50,000 worth of SpaceX shares two weeks after its IPO, when the stock price was around $150.
Donald Trump purchased SpaceX stock on June 23 when the share price was in the $150 range, according to financial disclosure documents first reported by Reuters. As of Monday's close, SpaceX's share price had fallen to its IPO offering price of $135, which could result in Donald Trump's holdings being in an unrealized loss position. A White House spokesperson stated that the President's stock portfolio is managed by a third-party financial institution.
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