President Donald Trump invested as much as $50,000 in Elon Musk's SpaceX just over a week after its IPO in ‌June.

The investment in SpaceX by Donald Trump occurred in June, a period shortly after the company's initial public offering. Trump's investment, estimated to be up to $50,000, positions him as a shareholder in a prominent aerospace company. SpaceX, founded by Elon Musk, has become a significant player in the private space industry, known for its advancements in rocket technology and satellite deployment.

This particular investment is noteworthy due to the prior relationship between Trump and Musk. Musk has previously advised Trump during his presidency on matters related to manufacturing and technology. The financial stake, though relatively small in the context of the company's overall valuation, signifies a continued business connection between the former president and the influential tech entrepreneur.