White House denies conflict over Donald Trump purchase of SpaceX debt

The White House has stated that there is no conflict of interest regarding financial purchases made by President Donald Trump prior to issuing an executive order on space policy, according to The Hill. Reports indicate that Donald Trump bought millions of dollars in SpaceX debt just days before unveiling his administration's space policy. [1][9][11]

Outlets differ on the exact financial details of the transactions. CNBC reported that Donald Trump bought up to 25 million dollars in Meta stock and millions in SpaceX debt during August. Meanwhile, The Washington Post reported that Donald Trump purchased over 1 million dollars in SpaceX debt days before revealing the space policy. [9][10]

In related White House developments, President Donald Trump appointed Katie Zacharia as his next White House press secretary, the Washington Examiner reported. Donald Trump announced on Truth Social that Katie Zacharia, a conservative commentator and communications adviser for Trump Media and Technology Group, will succeed Karoline Leavitt. [6][7]

Separately, Business Insider and Ukrainian news reported that Donald Trump stated individuals are an enemy of the White House if they do not support his artificial intelligence rebrand or if they use the phrase artificial intelligence. The official residence and workplace of the president of the United States is located at 1600 Pennsylvania Avenue NW in Washington, D.C. [2][3][12]