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Trump purchased up to $5 million of SpaceX bonds days before major space order

Just two days before launching an effort to slash red tape for commercial space transportation, President Donald Trump last month purchased up to $5 million of bonds issued by SpaceX, a major federal contractor run by Elon Musk, according to ethics filings made public on Thursday.

Sources (1)+1 copy· Oct 8, 8:51 PM

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  1. firstCable News Network
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Trump bought millions in bonds before signing memo that could explode their value: reportPresident Donald Trump put up to $5 million into bonds from SpaceX just two days before he rolled out an effort to cut red tape for commercial space travel, according to newly released ethics filings reported by CNN. SpaceX, led by right-wing tech titan Elon Musk , is a significant government contractor. The bond buy was part of a burst of 517 trades by…