Trump bought Axon stock before ICE sought $220M Taser contract
Key takeaways
- Tasers, according to the outlet, citing investment firm Brown Advisory.
- The purchase did not become public until Trump's financial disclosure was released in May.
- The White House said Trump's assets are held in a trust managed by his children and that investments are handled by independent third-party firms.
Trump bought Axon stock before ICE sought $220M Taser contract Trump bought Axon stock before ICE sought $220M Taser contract · Quartz · Bloomberg / Getty Images Cris Tolomia Mon, June 29, 2026 at 6:14 PM GMT+7 3 min read AXON Federal disclosures filed in May show that on Feb. 10, Trump made an Axon Enterprise stock purchase valued at between $1 million and $5 million — roughly two weeks before ICE moved to solicit a five-year, $220 million Taser contract that procurement reviewers and policing experts described to CNBC as effectively written around Axon's product line.
Although the Feb. 24 ICE notice never mentions Axon by name, its technical requirements — among them a 45-foot effective range and 10 individually deployable probes — track closely with the TASER 10 model, and experts who reviewed the solicitation said the specifications would effectively exclude any rival bidder. Axon makes roughly 90% of U.S. Tasers, according to the outlet, citing investment firm Brown Advisory. If finalized, the purchase would more than quadruple ICE's current Taser supply.
Investigators have uncovered nothing to suggest Trump played any role in shaping the procurement, that acquisition officials had been made aware of his shareholding, or that Axon was in any way informed that the president owned its stock. The purchase did not become public until Trump's financial disclosure was released in May.