From The Economic Times · · 1m 10s
Trump Buys Shares in Major Tech and Space Firms
US President Donald Trump purchased at least $1 million each in shares of Meta, Microsoft, McDonald's and SpaceX debt in August.
In brief
US President Donald Trump purchased at least $1 million each in shares of Meta, Microsoft, McDonald's and SpaceX debt in August. US President Donald Trump bought $1 million-plus stakes in Meta, Microsoft, McDonald's and SpaceX debt in August. Originally reported by The Economic Times.
Trump's Stock Purchases
US President Donald Trump bought at least $1 million worth of shares each in Meta Platforms, McDonald’s and Microsoft in August.
SpaceX Debt Acquisition
Trump also purchased at least $1 million in SpaceX debt, which matures in July 2031.
Largest Investment
His largest disclosed purchase in August was Meta stock valued at between $5 million and $25 million.
Additional Investments
Trump acquired stakes worth at least $1 million in Comcast, Netflix, Abbott Laboratories, ConocoPhillips and Chevron.
AI Industry Focus
His administration has strongly supported the AI industry, which has become a major issue in the midterm election campaign.
No Blind Trust
Trump has not divested his assets or placed them in a blind trust overseen by an independent manager.
The short version
US President Donald Trump bought $1 million-plus stakes in Meta, Microsoft, McDonald's and SpaceX debt in August.
