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International Business Times
International Business Times
Business

Trump's Portfolio Managers Bought SpaceX Stock In June. So Far They Have Lost Money.

SpaceX Donald Trump Davis Ingle
President Donald Trump's portfolio managers bought SpaceX stock in June. So far the investment has lost money. (Credit: Brandon Bell/Getty Images)

President Donald Trump's portfolio managers bought SpaceX stock in June. So far the investment has lost money.

Concretely, investors bought shares at $156.11 on June 23, according to recently released financial disclosures. They closed Monday's session at $135, the same price at which the company launched its IPO, meaning shares have dropped over 13.5% since then.

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