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Reuters reported that President Donald Trump bought between $15,001 and $50,000 in ***** e Exploration Technologies Corp. (NASDAQ:SPCX) shares on June 23, according to a financial disclosure signed August 12 and made public August 22.
The purchase, part of more than 1,000 stock trades Trump made that month, came two weeks after ***** eX's June 12 IPO, the biggest in U.S. history, which valued the company at $1.77 trillion. White House spokesman Davis Ingle said third-party financial institutions manage the president's portfolio independently and that "neither President Trump nor any member of his family has any ability to direct, influence, or provide input" on the investments.
Reuters previously reported that Small Business Administration head Kelly Loeffler, a Trump cabinet member, also earned millions from ***** eX-related investments.
Copyright: sdecoret / 123RF Stock Photo
The disclosure shows a favorable policy environment for ***** e Exploration Technologies Corp. (NASDAQ:SPCX). President Donald Trump has directed his administration to help sharply increase the number of U.S. commercial ***** e launches. It is a policy priority that could benefit ***** eX given its leading position in the launch market.

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2 hours ago

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