Affluent Trump Officials May Get Richer with SpaceX IPO, Among Them-Steve Witkoff
At least 10 officials disclosed up to $43.8 million in SpaceX and xAI holdings as the company nears a record IPO.
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9 Articles
All in all, federal servers held shares of SpaceX or xAI valued between $9.9 million and $43.8 million
Times of India
The Economic TimesAffluent Trump officials may get richer with SpaceX IPO, among them-Steve Witkoff
SpaceX stands out for the unprecedented size of its planned IPO, and for its close ties to government and members of the administration. The IPO, expected to happen as soon as next week, is set to make Musk the world's first trillionaire if it achieves its targeted valuation of at least $1.8 trillion. It's also expected to make billionaires of several company insiders and investors, while minting millions in wealth for employees.
SpaceX IPO To Further Enrich Multiple WH Officials
Bloomberg News reports: Ten officials ranging from special envoy Steve Witkoff to Small Business Administration head Kelly Loeffler reported financial interests in Elon Musk’s rocket company or in xAI, the artificial intelligence and social media firm it merged with in February, according to their most recent public financial disclosures. In total, the federal staffers held SpaceX or xAI stock worth at least $9.9 million and as much as $43.8 mi…
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