Trump bought up to $5M in Axon stock weeks before ICE sought $220M Taser contract
President Donald Trump purchased between $1 million and $5 million in Axon Enterprise stock on Feb. 10, two weeks before Immigration and Customs Enforcement (ICE) posted a notice seeking a five-year, $220 million contract for roughly 17,800 Tasers, cartridges, and training — a deal experts say appeared tailored to Axon's products. The disclosure raises questions about potential conflicts of interest, as Trump's assets are held in a trust but he has not fully divested from his business interests. Axon has also ramped up lobbying on federal law-enforcement technology as the deal progresses.
Key quotes
Trump purchased between $1 million and $5 million worth of Axon stock, according to federal disclosures he filed in May.
On Feb. 24, ICE posted a notice seeking roughly 17,800 new Tasers, along with unlimited cartridges and training.
Experts told CNBC the contract appeared tailored to the company's weapons.
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