US debt outstanding $40,032,876,505,819
The Real Steal
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Editorial illustration for: Contracts for the connected
AI-assisted editorial illustration · The Real Steal

Contracts for the connected

Trump owns stock in SpaceX and Palantir — and his administration decides what they get paid.

The transfer, plainly
Who acted
Trump bought stock in SpaceX and Palantir in June 2026. His administration oversees federal business with both companies.
Who gained
SpaceX holds about $22 billion in federal contracts. Palantir signed a $10 billion Army agreement.
What working people pay
No clean per-worker cost is available. This entry documents the financial conflict, not a made-up household price.
The connection
The president holds a personal financial stake in companies whose federal business his administration influences.

Receipt: Contract reporting and Trump’s reported financial disclosures

SpaceX holds about $22 billion in federal contracts. Palantir signed a $10 billion Army agreement in July 2025 and passed $1 billion a year in federal obligations for the first time.

In June 2026, Trump personally bought stock in both companies — while his administration decides what those companies get paid. The purchases come from his own financial disclosures, as reported by Forbes.

No court has called it illegal, and there is no honest per-worker price to attach to it. The ledger records the conflict — dated and sourced — so you can judge it yourself.

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Trump bought stock in SpaceX and Palantir while his administration oversees billions in federal business with both companies.

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