Trump bought as much as $5 million in Axon stock before ICE sought $220 million Taser deal
Federal disclosures show that on Feb. 10, President Donald Trump made an Axon Enterprise stock purchase valued at between $1 million and $5 million. That was roughly two weeks before U.S. Immigration and Customs Enforcement moved to solicit a five-year, $220 million Taser contract that procurement reviewers and policing experts described to CNBC as effectively written for 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 CNBC. If finalized, the purchase would more than quadruple ICE’s current Taser supply.
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. “There are no conflicts of interest,” White House spokesperson Anna Kelly said.