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Trump reveals millions of dollars' worth of share deals in big tech and AI

bbc.com8 points0 comments
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President Donald Trump disclosed more than 1,000 stock trades for July showing millions of dollars in activity across major tech and AI companies. Filings show between $6.5m and $31m of Microsoft shares were sold on his behalf, with purchases in the stock valued between $165,000 and $400,000. The trading list includes substantial buys and sells in Nvidia and Palantir, as well as transactions in Elon Musk-led firms SpaceX and Tesla. SpaceX completed a Nasdaq listing in June, saw sharp declines through July and August, and is currently trading about 14% above its debut price.

The White House says the portfolio is independently managed by third parties and that neither Trump nor his family can direct, influence or time the investments, asserting there are no conflicts of interest. The filings highlight Palantir’s role as a contractor for the US defence department and Immigration and Customs Enforcement, underscoring why the trades have drawn attention. Trump has publicly disclosed thousands of market trades since returning to the White House in January last year, and these latest filings provide a detailed snapshot of high-value exposure to big tech and emerging AI players.

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