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President Trump bought SpaceX stock weeks after its IPO, raising political risk questions for investors.

Market News
24 Sep 2026
24/7 Wall Street
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Neutral
President Trump bought SpaceX stock weeks after its IPO, raising political risk questions for investors.

A federal disclosure reveals that President Trump purchased shares of SpaceX shortly after its 2026 IPO and sold some a week later. The trades were small relative to SpaceX's massive market value, but the president's ownership raises concerns about political risk given SpaceX's role as a U.S. military contractor. SpaceX reported strong revenue growth and a profitable AI segment, but also significant net losses and high capital spending. Investors are weighing the company's growth potential against ongoing losses and political scrutiny, which could impact stock volatility.

SpaceX shares are trading at USD 147.93 on Pluang, showing a slight 0.29% decline as of Sep 24, 2026 20:32 WIB. The stock remains highly valued with a market cap of $1.96 trillion and a typical hold time of 37 days among Pluang investors.

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