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✉news ScienceSpace Policy first seen 17 h ago, last 2 h ago, peak #14

Trump Praises Musk as 'Modern-Day Edison' After SpaceX Bond Purchase

Original: SPCX Stock Jumps Overnight: Trump Hails Musk As ‘Modern-Day Thomas Edison’ Days After POTUS Portfolio Bought SpaceX Bonds

Donald Trump called Elon Musk a 'modern-day Thomas Edison' days after the presidential portfolio bought SpaceX bonds, and SpaceX-linked stock SPCX jumped overnight. The remarks are drawing attention over the apparent overlap between the White House's financial holdings and the president's public praise of Musk's company.

Why now: The combination of Trump's public praise and the White House portfolio's recent SpaceX bond purchase raises conflict-of-interest questions while boosting the stock.

Donald TrumpElon MuskSpaceXSPCX

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