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Trump bought $5-mn SpaceX debt just 2 days before unveiling US' space policy

short by Vaishnavi Mishra / on Saturday, 10 October, 2026
US President Donald Trump purchased up to $5 million in SpaceX debt two days before announcing a new space policy. The policy aims to enable over 1,000 annual launches and reentries by 2030 by speeding up permits and environmental reviews, potentially benefiting SpaceX, led by Trump ally Elon Musk. Notably, US government has denied any conflict of interest.
read more at Moneycontrol