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SpaceX IPO, Trump administration officials hold millions of dollars in stocks

2026-06-03 12:07

Odaily Planet Daily News: SpaceX's IPO is likely to make the already wealthy Trump administration even richer.

According to the latest public financial disclosures from these officials, ten officials, ranging from envoy Steve Witkoff to Small Business Administration head Kelly Loeffler, have disclosed their financial interests in SpaceX or xAI. Based on last year's disclosures, the total value of SpaceX or xAI stocks held by U.S. federal employees was at least $9.9 million and could reach as high as $43.8 million. Since then, these officials have been able to sell all or part of their holdings without triggering additional disclosure requirements. (Jinshi)