Trump administration officials disclose up to $43.8 million in SpaceX or xAI holdings

At least 10 officials, including Steve Witkoff and Kelly Loeffler, reported financial interests that could become more valuable if SpaceX pursues an IPO.

Summary

Financial disclosures show at least 10 Trump administration officials hold interests in SpaceX or xAI, underscoring how a future SpaceX IPO could further enrich senior government figures already tied to Elon Musk’s private companies. The filings include Special Envoy Steve Witkoff and Small Business Administration Administrator Kelly Loeffler. Based on last year’s disclosures, federal staff holdings in SpaceX or xAI stock were worth at least $9.9 million and as much as $43.8 million. After that, those officials could sell all or part of their stakes without triggering additional disclosure requirements.

Terms & Concepts
  • IPO: initial public offering of shares
  • xAI: Elon Musk’s artificial intelligence company
  • financial disclosures: public filings detailing officials’ assets