Conflicts of interest

Trump's personal brokerage account bought Lockheed Martin stock the same day he touted 'very well'-going Iran peace talks

Confidence: Corroborated · 4 sourcesUnited States · Sep 21, 2026

Subject of this story

Donald Trump, President of the United States

What happened

A trading-alert account (promoting a copy-trading product called Autopilot) claims that on March 23, 2026, Trump said Iran peace talks were going 'very well' while defense stocks sold off, and that his brokerage account bought Lockheed Martin stock that same morning; it further notes the Iran war burned through up to 80% of the U.S. THAAD stockpile and the Pentagon later paid Lockheed $35 billion to restock it. Multiple established outlets independently confirm Trump's brokerage account bought Lockheed Martin and other defense/aerospace stocks on March 23 amid his Truth Social comments about 'very good and productive' Iran talks, and confirm the $35 billion Pentagon-Lockheed THAAD replenishment deal following heavy stockpile depletion during the Iran war.

By the numbers (1)

● confirmed by a primary document · ○ reported

Figures

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A Responsible Statecraft analysis (9 July 2026) of President Trump's financial disclosure says brokers representing him purchased between $9.7 million and $24.3 million of stock in a dozen arms manufacturers and other Pentagon contractors in 2025; its headline puts the total at at least $10 million.$10M

2025Donald TrumpReplaced vague 'period in question'.

1 source

Responsible StatecraftTrump acquired at least $10 million in defense stocks during the period in question

Sources (4)

PBS NewsHourConfirms Trump's brokerage account bought defense/aerospace stocks including Lockheed Martin around the March 23 Truth Social post about Iran talks going well.

FortuneIndependent reporting confirming the March 23 timeline: Trump's 'very good and productive' comments, oil price drop, and same-day purchases of Lockheed Martin and General Dynamics.

Responsible StatecraftIndependent confirmation that Trump acquired at least $10 million in defense stocks during the period in question.

BTimes OnlineConfirms the $35B Pentagon-Lockheed THAAD contract after up to 80% of the stockpile was used in the Iran war.

Response

Donald Trump

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Contacted — no response by publication.

What happened next (0)

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