Business

SpaceX Stock Buys by Congressmen Spark Interest Amid IPO

Updated 2026-07-03 18:25 UTC 1 source Neutral

Congressman purchased SpaceX stock following the company's record-breaking initial public offering. The purchases highlight Musk’s influence in federal contracting and his ties to former President Trump.

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CNBC

First known congressional SpaceX stock buys surface after record IPO

The SpaceX stock purchases come as Elon Musk’s company deepens its role in federal contracting and remains closely tied to President Donald Trump’s Washington.

2026-07-03 18:16 UTC