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June 29, 2026
Trump's Investment in Axon Before ICE's $220 Million Taser Contract Raises Ethical Questions
- President Trump purchased between $1 million and $5 million in Axon stock on February 10, just before ICE announced a $220 million Taser contract.
- ICE is seeking to buy nearly 18,000 Tasers, which could significantly benefit Axon, whose stock price surged by over 34% following the announcement.
- Experts and watchdog groups are raising ethical concerns regarding Trump's investment timing and the potential for conflicts of interest with his administration's policies.
2 Sources
- Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser dealJun 29, 2026 at 10:00 AM · CNBC
- Trump bought up to $5M of stock in Taser company right before $220M ICE bidJun 29, 2026 at 7:22 PM · Independent