Donald Trump disclosed over 1,000 stock-market transactions made on his behalf in July, involving major technology, AI, and aerospace companies. Filings show sales of Microsoft shares valued between $6.5 million and $31 million, while purchases ranged from $165,000 to $400,000. The disclosures also included trading in Nvidia, Palantir, SpaceX, and Tesla, revealing ongoing financial ties to some of the world’s leading tech firms.
Thousands of dollars’ worth of SpaceX shares were bought and sold, alongside trades in Tesla stock. These transactions cover sectors such as software, semiconductors, artificial intelligence, electric vehicles, and aerospace technology. SpaceX, led by Elon Musk, began trading on Nasdaq in June, with its share price fluctuating notably through July and August.
The White House stated that Trump’s stock and bond portfolio is independently managed by third parties, and neither Trump nor his family can direct or influence investment decisions. These disclosures arrive amid renewed focus on AI, as Trump supports rapid development and warns that excessive regulation could cause the US to lag behind China.
Trump has stressed US leadership in the AI race, while UN Secretary General António Guterres calls for stronger international safeguards. Concurrently, the US administration is considering an emergency AI hotline with China to address potential cyber risks and rogue AI incidents, underscoring the complex links between technological competition, investment, and AI safety.