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Ten U.S. Government Officials Hold $9.9M-$43.8M in SpaceX Stakes as IPO Looms Next Week

2026-06-04 05:51:04

According to newly disclosed personal financial filings, ten federal government officials hold financial interests in Elon Musk's SpaceX or xAI, with combined holdings valued between $9.9 million and $43.8 million. The officials include Special Envoy Steve Witkoff and SBA Administrator Kelly Loeffler. As SpaceX prepares for a highly anticipated IPO expected as early as next week with a potential $1.8 trillion valuation, the company's close ties to the Trump administration are drawing increased scrutiny. The company received $4 billion in federal contracts in fiscal year 2025 and secured two additional U.S. Space Force contracts worth $6.5 billion last month for communications and air threat monitoring satellites, according to public records.

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