Trump disclosed major trades in SpaceX and Nvidia stocks and awarded their CEOs medals

In August, U.S. President Donald Trump carried out hundreds of securities transactions, including purchases and sales of shares in major technology companies. These included transactions worth millions of dollars involving shares of Nvidia, Tesla, Alphabet, Advanced Micro Devices, Dell, and Microsoft. In total, there were 517 transactions totaling between $74.3 million and $273.3 million, according to CNBC’s calculations.

The head of state’s financial disclosure was published on October 8—the day Trump appeared at a special event, the New Golden Age Summit, in Washington and presented medals to the heads of major technology companies, as noted by Yahoo Finance. The highest U.S. government awards for achievements in science and technology were presented to, among others, SpaceX and Tesla CEO Elon Musk, Google co-founder Sergey Brin, Nvidia CEO Jensen Huang, Advanced Micro Devices CEO Lisa Su, Dell CEO Michael Dell, and Microsoft CEO Satya Nadella.

Reuters notes that these awards have previously recognized the achievements of scientists in a wide variety of fields: from methods for detecting cancer to protecting food supplies during droughts.

“We have an audience with an extremely high IQ,” Trump announced at an event this year, calling Musk a “national treasure.” According to the president’s financial disclosure filed that same day, Trump purchased up to $5 million in SpaceX debt securities in August: senior unsecured bonds from the company’s debut offering.

“The whole world runs on Nvidia,” Trump continued, referring to Huang and his company. And according to his financial disclosure, he took advantage of the investment opportunities offered by Nvidia, buying up to $1.6 million worth of the chipmaker’s stock in August and selling up to $1 million worth of it. These transactions have also drawn additional attention because the Trump administration is simultaneously considering measures that could affect the company’s business, including export controls on its cutting-edge chips, Reuters reports.

In addition, that month, according to data released on October 8, Trump purchased Microsoft stock worth between $1 million and $5 million (the range in the figures is due to U.S. financial disclosure rules—the filing does not specify the exact amount of each transaction, but rather one of the ranges established by law). He also sold Advanced Micro Devices stock worth between $1 million and $5 million—this was Trump’s only transaction involving that company’s stock in August. The largest transaction during the most recent reporting period was the purchase of Meta shares worth between $5 million and $25 million, as noted by CNBC. The media did not report on the participation of Mark Zuckerberg, the CEO of Instagram and Facebook, in the New Golden Age Summit; however, a week earlier he attended a luncheon that Trump hosted at the White House to discuss the development of artificial intelligence with representatives from AI development companies.

Overall, activity in the U.S. president’s investment portfolio in August was lower than in previous months, Yahoo Finance noted. While the number of transactions in Trump’s accounts had often exceeded 1,000 in the past, in August the managers of the U.S. president’s portfolio disclosed information on 517 transactions. Since the beginning of 2026, the U.S. president has reported more than 9,200 investment transactions, according to Yahoo Finance.

Trump’s brokerage accounts are managed by the Trump Organization. The company states that the president, his family, and the Trump Organization itself do not participate in the selection or approval of specific investments. Transactions are carried out under the supervision of third-party financial institutions. “All investment decisions are made entirely by independent managers who track recognized indices, such as the Schwab 1000. There is no conflict of interest,” White House spokesman Davis Ingle told Reuters.

Trump continued his trend of investing in companies he had criticized. According to his August financial disclosure, the U.S. president purchased Netflix stock worth between $1 million and $5 million. In a Truth Social post on February 22, he demanded that the company fire board member Susan Rice, a former official in former U.S. President Joe Biden’s administration, or “face the consequences.”

This article was AI-translated and verified by a human editor