Trump Portfolio Snags Boeing Stock on Day of $880M Navy Deal

US President Donald Trump's investment portfolio has raised eyebrows due to its purchase of Boeing stock on the same day the company won an $880 million Navy contract. According to a recent financial disclosure, Trump's accounts bought between $250,001 and $500,000 worth of Boeing stock on June 18th.

The transaction drew scrutiny because Boeing is a major defence contractor doing business with the federal government under Trump's administration. Critics argue that this creates an appearance of conflict of interest, especially considering Trump's role as president.

Another notable transaction was the purchase of SpaceX stock by Trump's portfolio on June 23rd, just 11 days after the company completed its initial public offering. This purchase also raised concerns due to the significant government contracts awarded to SpaceX, including a $425.6 million NASA award.