According to CNBC, President Trump purchased between $1 million and $5 million worth of Axon Enterprise stock on February 10, just two weeks before Immigration and Customs Enforcement posted a notice seeking a five-year, $220 million contract for roughly 17,800 new Tasers on February 24.
Federal procurement experts and policing specialists told CNBC the ICE notice specifications appeared tailored to Axon's capabilities, including 45-foot range and 10 individually targeted probes—specifications that experts said effectively foreclose other bidders. Axon manufactures approximately 90% of U.S. Tasers. Trump's financial disclosure, filed in May, showed the stock purchase had not been public until then. Ethics experts cited the timing as raising appearance-of-conflict concerns, though there is no evidence Trump was involved in the procurement process or that Axon possessed knowledge of his purchase.