Trump reveals millions in big tech and AI share trades
US President Donald Trump discloses July stock trades worth millions across Microsoft, Nvidia, SpaceX, and Tesla, managed by independent third parties.
Stock photo for illustration only, not from the actual event
- Donald Trump discloses millions of dollars in July stock market trades.
- Trades include tech and AI giants such as Microsoft, Nvidia, and Palantir.
- Shares were also bought and sold in Elon Musk's SpaceX and Tesla.
- The White House states the portfolio is managed independently with no conflicts of interest.
US President Donald Trump has disclosed millions of dollars worth of stock market trades executed throughout July, covering major technology and artificial intelligence enterprises ranging from Elon Musk's SpaceX to industry leaders like Microsoft.
According to official disclosures, between $6.5 million (£4.8 million) and $31 million worth of Microsoft stock was sold on Trump's behalf, alongside recorded purchases valued between $165,000 and $400,000.
Spanning more than 1,000 individual trades, the filing details transactions involving AI firm Nvidia and software provider Palantir, which serves as a contractor for the US Department of Defense and Immigration and Customs Enforcement (ICE).
Stock photo for illustration only, not from the actual event
Addressing potential ethics concerns, a White House spokesperson emphasized to the BBC that President Trump's stock and bond portfolio is independently managed by designated third-party entities.
"Neither President Trump nor any member of his family has any ability to direct, influence or provide input regarding how the portfolio is invested or when investments are bought or sold. There are no conflicts of interest."
White House spokesperson
The financial filing also revealed thousands of dollars in transactions involving SpaceX, the rocket, satellite, and AI venture led by Musk—who previously headed the US Department of Government Efficiency. SpaceX debuted its shares on the US Nasdaq exchange in June.
Disclosures of presidential investment portfolios are subject to intense public scrutiny, especially when intersecting with critical sectors like artificial intelligence and aerospace. While blind trusts and independent managers serve to insulate leaders from direct conflicts of interest, holding substantial stakes in regulatory-heavy industries continues to draw sharp political and market attention.
Concurrently, Trump maintains a firm stance against AI regulation, warning that safety-driven slowdowns could cause the US to lag behind China. The president is also scheduled to meet Chinese President Xi Jinping in Washington this week amid ongoing geopolitical tech competition.
Source: BBC Business
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