Business · 7h ago
SpaceX IPO nets millions for US official Kelly Loeffler
Kelly Loeffler, head of the US Small Business Administration, invested up to $10 million in SpaceX and xAI before and during 2025. The SpaceX IPO generated millions in returns for her. The disclosure raises questions about potential conflicts of interest given her regulatory role.
Meridian48 take
The story highlights how tech IPOs can enrich public officials, but lacks details on whether any ethics rules were violated.
Read the full reporting
SpaceX IPO earns millions for US Small Business Administration head Kelly Loeffler →
Express Tribune
spacex-ipoconflict-of-interest