President Donald Trump has added another investment to his portfolio, and this one comes with an interesting twist. Rather than buying more shares of Elon Musk's SpaceX (SPCX), the president purchased millions of dollars in the company's debt.
Trump purchased between $1 million and $5 million in SpaceX notes during August, part of 517 securities transactions disclosed for the month. The purchase came shortly before Trump signed a policy favoring commercial space operations, raising questions about the relationship between his investments and his administration's decisions.