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Trump Invests in SpaceX
- U.S. President Donald Trump invested up to $50,000 in Elon Musk’s SpaceX in June, per an August disclosure.
- White House officials said third-party managers run the president’s portfolio and he cannot direct or influence investment choices.
- The June 23 purchase of SpaceX shares was among 1,000 trades President Trump made that month.
- SpaceX, a U.S. military contractor, saw President Trump order an increase in U.S. commercial launches.
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