Forget SpaceX Hype: Donald Trump Bought This Top Space Stock in 2026
Key takeaways
- Iridium Communications (NASDAQ:IRDM) ranks #8 (see Donald Trump Stock Portfolio: 5 Best AI and Tech Stock Picks in 2026).
- Stock Performance Since Trade Date: +119%
- Iridium Communications (NASDAQ:IRDM) operates a network of satellites orbiting Earth.
Forget Space X Hype: Donald Trump Bought This Top Space Stock in 2026 Fahad Saleem Fri, June 19, 2026 at 10:45 PM GMT+7 2 min read IRDM We just covered Donald Trump Stock Portfolio: 10 Best AI and Tech Stock Picks in 2026. Iridium Communications (NASDAQ:IRDM) ranks #8 (see Donald Trump Stock Portfolio: 5 Best AI and Tech Stock Picks in 2026). The stocks identified in this article are based on Trump’s financial disclosure filings released by the U.S. Office of Government Ethics. According to a statement from the Trump Organization cited by Reuters, Trump’s investment holdings are maintained through fully discretionary accounts managed by third-party financial institutions, which have sole authority over investment decisions.
Stock Performance Since Trade Date: +119%
Iridium Communications (NASDAQ:IRDM) operates a network of satellites orbiting Earth. The company generates revenue by charging subscribers for satellite communications services. These services include voice calls, data transmission, and Internet of Things tracking.