10 Trump Officials Stand to Gain Millions From SpaceX IPO
Updated
Updated · Bloomberg · Jun 3
10 Trump Officials Stand to Gain Millions From SpaceX IPO
3 articles · Updated · Bloomberg · Jun 3
Summary
Ten Trump administration officials disclosed financial interests in SpaceX or xAI that could rise sharply if SpaceX proceeds with an initial public offering.
Those holdings span figures from special envoy Steve Witkoff to Small Business Administration chief Kelly Loeffler, according to their latest public financial disclosures.
The potential windfall reaches beyond SpaceX alone because xAI merged with Musk’s artificial intelligence and social media company in February, linking some officials’ stakes to the broader Musk empire.
A SpaceX listing would therefore add to scrutiny of conflicts of interest inside an administration already populated by wealthy officials with sizable private investments.