Trump bought up to $25 million in Meta and millions in SpaceX debt in August

JUST IN: Trump bought up to $25 million in Meta stock and millions in SpaceX debt in August, according to new disclosures covering 517 trades for the month.

Donald Trump bought up to 25 million dollars in Meta stock in August.

That's from new financial disclosures covering 517 trades in a single month, and the Meta buy is the headline. The sitting president now holds a stake of up to eight figures in the company that runs Facebook and Instagram, the same platforms his administration shapes policy around every single day.

And it didn't stop there. The filings show he also picked up millions in SpaceX debt. That's Elon Musk's rocket company, which happens to be one of the federal government's biggest contractors. So the man who signs off on the government's business is now a creditor to one of its largest vendors.

517 trades in one month is an active portfolio for anyone. For a president, every one of them is a question about whose interests come first. The disclosures answer what he bought. They don't answer why.

This is Sara White, reporting for HIT.