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On October 9, 2026, it was reported that then-US President Donald Trump purchased between $1 million and $5 million in SpaceX debt just two days before signing a new space policy aimed at boosting the US space transportation industry. This policy is set to enable over 1,000 space launches and re-entries annually by 2030. SpaceX, led by Elon Musk—an ally of Trump—issued these bonds to fund spending on its AI data centers, Starlink satellite network, and Starship spacecraft.
In response to concerns about potential conflicts of interest, White House spokesman Davis Ingle stated that Trump’s financial portfolio is managed independently by third parties, denying any influence from Trump on investment decisions. However, the specific authorization for the SpaceX bond purchase was not clarified. On the same day, Trump awarded Musk the National Medal of Science, praising his contributions to innovation.
