The recent entry of Elon Musk's ***** eX (SPCX) into public markets has garnered investment interest on Capitol Hill, with half a dozen lawmakers taking stakes in the company, according to recently disclosed transactions.
The first apparent purchase was made by Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ***** eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in, as his wife Liz bought between $15,000 and $50,000 worth of stock on the day of the IPO.
A spokesperson for the congressman told Yahoo Finance that "the James children are excited about ***** e exploration and Liz purchased stock for them through a brokerage firm, like other members of the public were welcome to do."
#lawmakers #Stock #elon
The first apparent purchase was made by Rep. Lisa McClain, a Republican and member of House Speaker Mike Johnson's leadership team. Her husband purchased between $100,000 and $250,000 in Musk's xAI in December 2025, before it was folded into ***** eX in February, giving the lawmaker and her family early exposure to the public debut on June 12.
SpaceX's initial public offering then saw five more lawmakers make purchases, according to the disclosures.
Rep. John James, a Michigan Republican, was first in, as his wife Liz bought between $15,000 and $50,000 worth of stock on the day of the IPO.
A spokesperson for the congressman told Yahoo Finance that "the James children are excited about ***** e exploration and Liz purchased stock for them through a brokerage firm, like other members of the public were welcome to do."
#lawmakers #Stock #elon
3 months ago
