Trump's trading stays on the launchpad in August

Mettis Global, citing CNBC, reported that US President Donald Trump's August financial disclosure lists 517 securities trades, with combined values estimated between $74.3mn and $273.3mn. Since the 18-page document places every transaction in a price bracket instead of an exact sum, the figures are ranges. Among them, his accounts acquired up to $5mn of debt securities from SpaceX, Elon Musk's rocket and satellite firm, on August 18.

The notes pay 5.35% and fall due in July 2031. Two days after that purchase, Trump issued a national policy on space transportation, aiming for over 1,000 launches and reentries annually by 2030. The policy also tells federal bodies to make state launch sites available to private operators. The largest deal of the month, up to $25mn in Meta Platforms, also fell on August 21, when buys were also made in five other companies, including Abbott Laboratories and Netflix.

His earlier exposure to SpaceX was much smaller. June and July purchases were valued at $15,001 to $50,000 each, plus a July sale of $1,001 to $15,000. Trading slowed from its summer peak, though June and July each still logged more than 1,000 transactions. The 2025 annual disclosure recorded over 21,000 trades across eight accounts that together held at least $858mn, compared with 86 stock transactions in 2017, his first year as president.