6 members of Congress have bought SpaceX stock, including one Democrat

The article reports that six members of Congress have disclosed purchases of SpaceX stock following the company’s June 12 IPO, highlighting fresh political scrutiny around lawmakers’ trading activity. The investors include five Republicans and one Democrat, with disclosed purchase amounts ranging from $1,000 to $250,000, and total SpaceX exposure across the group estimated at $182,000 to $480,000. The trades are drawing attention because several lawmakers sit on committees tied to SpaceX’s military and satellite business, raising potential conflict-of-interest concerns. The piece also notes that SpaceX stock has recently hit repeated all-time lows, meaning these purchases are currently underwater. Beyond the trading disclosures, the article discusses the broader push to restrict congressional stock trading, including a House-passed bill that would ban buying stocks but not holding or selling them.