Prior to SpaceX's IPO, Trump administration officials held millions of dollars worth of stock.

CoinFeed reported on June 3 that, according to Jinshi, SpaceX's IPO is likely to make the already wealthy Trump administration even richer. According to the latest publicly disclosed financial filings, ten officials, from Special Envoy Steve Witkoff to Small Business Administration Administrator Kelly Loeffler, have disclosed their financial interests in SpaceX or xAI. Based on disclosures from last year, U.S. federal employees held SpaceX or xAI stock worth at least $9.9 million and up to $43.8 million. These officials can subsequently sell all or part of their stock holdings without triggering additional disclosure requirements.