On June 3, market reports indicated that SpaceX's IPO could significantly increase the wealth of the already financially robust Trump administration. According to the latest publicly disclosed financial documents from officials, ten U.S. officials, including Special Envoy Witkoff and Small Business Administration Administrator Loeffler, have declared financial interests in SpaceX or xAI, both owned by Elon Musk. Based on last year's disclosure information, the total value of SpaceX or xAI stocks held by federal employees is at least $9.9 million, with a potential maximum of $43.8 million. Subsequently, these officials can sell all or part of their holdings without triggering additional disclosure requirements.
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Trump Administration Officials Hold Millions in SpaceX Stock Before IPO
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