Trump's SpaceX Stake Now Underwater After Post-IPO Purchase
August 25, 2026
President Donald Trump bought as much as $50,000 worth of SpaceX shares on June 23, according to a financial disclosure first reported by Reuters. The purchase came two weeks after the record-setting initial public offering of Elon Musk's company, and the stock has since fallen back to its IPO price, potentially leaving the president's stake underwater. The disclosure does not make clear what price Trump paid. By June 23, SpaceX shares had already fallen from highs of more than $200 and were tr