Ten Trump Officials Sit On Up To $44 Million In Record SpaceX IPO: 'No Analogs,' Ethics Lawyers Say
Key takeaways
- SpaceX is targeting at least a $1.8 trillion valuation, with bankers eyeing $135 per share for a $75 billion raise.
- Here are the 5 hires founders most often misjudge — and why
- These 50 Must-Know Terms Can Help You Catch Up Fast
Ten Trump Officials Sit On Up To $44 Million In Record Space X IPO: 'No Analogs,' Ethics Lawyers Say Daragh Thomas Mon, June 8, 2026 at 4:31 AM GMT+7 4 min read SPAX.PVT Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below.
Elon Musk‘s Space X is days away from what may become the biggest IPO ever, but a report Wednesday morning reports at least 10 Trump administration officials hold stakes worth as much as $44 million in the rocket company and x AI, the artificial intelligence and social media firm SpaceX merged with in February.
The disclosures show federal staffers including special envoy Steve Witkoff and Small Business Administration head Kelly Loeffler holding combined exposure ranging from $9.9 million to $43.8 million, according to Bloomberg.