✉news ScienceSpace Policy first seen 1 d ago, last 3 h ago, peak #14

Trump Calls Musk 'Modern-Day Thomas Edison' as SpaceX Bonds Draw Attention

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

Donald Trump publicly praised Elon Musk as a 'modern-day Thomas Edison' just days after reports that the presidential portfolio purchased SpaceX bonds, and markets reacted with an overnight jump in SPCX-linked instruments. Investors and commentators are weighing the timing, questioning whether the endorsement and the bond purchase signal closer political and financial ties between the White House and Musk's space company.

Why now: The apparent overlap between Trump's endorsement and the government portfolio's SpaceX bond purchase has sparked discussion of possible conflicts of interest and market impact.

Donald TrumpElon MuskSpaceXSPCX

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Evidence

• SPCX Stock Jumps Overnight: Trump Hails Musk As ‘Modern-Day Thomas Edison’ Days After POTUS Portfolio Bought SpaceX Bonds · TradingView
• SPCX Stock Jumps Overnight: Trump Hails Musk As ‘Modern-Day Thomas Edison’ Days After POTUS Portfolio Bought SpaceX Bonds · Stocktwits
• SPCX Stock Jumps Overnight: Trump Hails Musk As ‘Modern-Day Thomas Edison’ Days After POTUS Portfolio Bought SpaceX Bonds · Yahoo Finance

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