SpaceX's listing is expected to further increase the net worth of Trump's team. Disclosure documents show that several officials hold shares.
According to reports, SpaceX's first public offering is likely to make members of the Trump administration richer. According to the most recent financial disclosure documents by these officials, including presidential envoy Whitkoff and SBA director Kelly Loeffler, 10 officials reported holding stakes in Elon Musk's rocket company SpaceX or xAI. The disclosure documents show that these federal officials collectively hold at least $9.9 million to as much as $43.8 million worth of SpaceX or xAI stocks. The above disclosure was made last year, with asset values listed in a wide range.
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