AXON Stock Set For Best Month In Over A Year – What’s The Trump Connection?

Federal disclosures revealed that President Donald Trump acquired between $1 million and $5 million in shares in February, just weeks before ICE reportedly issued a $220 million request to purchase tasers.

• Though the notice did not identify the company by name, procurement experts cited by CNBC said the technical specifications closely matched Axon’s TASER 10 product.
• Axon recently partnered with radar company Echodyne to expand into drone solutions.
• Axon shares climbed to an intraday high of $524.78, less than $12 shy of the 50-day moving average.

Shares of Axon Enterprises (AXON) jumped 10% on Monday, after Federal disclosures revealed that President Donald Trump had acquired between $1 million and $5 million worth of shares in February, just weeks before U.S. Immigration and Customs Enforcement (ICE) reportedly issued a request related to a $220 million Taser purchase.

Axon shares climbed to an intraday high of $524.78, less than $12 shy of the crucial 50-day moving average (50-DMA). Notably, the stock has remained below this level since November last year.

Axon’s stock is set to record its best monthly gain since May 2025.

Trump’s Purchase Came Days Ahead Of ICE’s Order Request

According to federal disclosures, Trump bought Axon shares on February 10. Two weeks later, ICE released a Request for Information seeking nearly 17,800 conductive-energy weapons, along with cartridges and training, according to a CNBC report on Monday.

Procurement experts cited by CNBC said the technical specifications closely matched Axon’s TASER 10 product, though the notice did not identify the company by name. If completed, the purchase would more than quadruple ICE’s current Taser inventory. Axon’s TASER 10 is certified to operate after being submerged in one meter of water for up to 30 minutes.

According to the article, the White House said Trump’s assets are held in a trust managed by his children, while investment decisions are handled by independent third-party firms. It also stated there were no conflicts of interest.

Axon Expands Drone Capabilities Through Echodyne Partnership

Axon, which has a strong presence in the enterprise security technology sector with products such as tasers and body cameras, recently partnered with radar company Echodyne to expand into drone solutions for law enforcement and homeland security agencies. 

Echodyne’s MESA radar technology is expected to support hundreds of Drone as First Responder (DFR) missions.

What Retail Thinks Of AXON

Retail sentiment on Stocktwits turned ‘bullish’ from ‘neutral’ a day earlier, amid ‘high’ message volumes.

One user urged patience, believing that Axon is well positioned to benefit from a rally among AI-driven software firms.

View this Stocktwits post

The stock has rallied more than 22% over the past five sessions. It is down 10% so far this year.

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