Woah, talk about timing! Looks like a certain former president jumped into the SpaceX stock game shortly after its big IPO, snagging shares in the mid-$150s. Fast forward a couple of weeks, and those shares are back down to $135. Ouch, potential losses there! Interestingly, this comes amidst a long-standing, if sometimes rocky, friendship between the president and Elon Musk, with SpaceX reportedly enjoying a boost from government contracts and deregulatory policies. The official line? His portfolio is managed by third parties in broad indexes, like the Schwab 1000. But here's the kicker: SpaceX itself was apparently pushing for quicker inclusion in those very indexes. Makes you wonder about the layers of connections, doesn't it? It's a complex web of finance, politics, and personal ties, and the optics are certainly something to discuss.
#politics #finance #business
https://techcrunch.com/2026/08/24/trump… 🔗