Public financial disclosures show that former U.S. President Donald Trump bought shares in Elon Musk's SpaceX valued between $15,001 and $50,000 on July 10 and sold shares valued between $1,001 and $15,000 on July 17. These transactions, detailed in a disclosure signed by Trump on September 8, indicate a financial link between the former president and Musk’s aerospace company. These trades took place during a period when Trump’s administration was making decisions that could affect SpaceX’s operations and future. SpaceX made headlines in June when it set a record for the largest-ever U.S. initial public offering, valued at $1.77 trillion. The company provides services in space exploration, satellite technology, and artificial intelligence. Reuters had previously reported that Trump had purchased SpaceX shares in June. At that time, a White House spokesperson, Davis Ingle, told Reuters that the president’s investments are managed by third-party financial institutions that replicate "recognized indexes, such as the Schwab 1000." Trump’s spokesperson did not immediately respond to a request for comment on the July trades. The purchase and sale of SpaceX shares were part of more than 1,000 trades Trump made in July. The Office of Government Ethics, which collects ethics disclosures from U.S. officials, posted the form online on Tuesday. However, Reuters was unable to determine the exact amount Trump invested because federal officials use ranges to report the value of their assets on financial disclosure forms. SpaceX is a major U.S. military contractor and often seeks approvals from federal agencies for its projects. Between July 10 and July 17, the value of SpaceX stock dropped by 15%. This decline may have influenced Trump’s decision to sell some of his shares. The timing of the trades raises questions about whether they were influenced by market trends or broader policy considerations, though no direct connection has been established. As a result, the transactions have drawn attention from both the media and the public, highlighting the intersection of politics, business, and ethics.