Third Congressman Discloses SpaceX Buy as Stock Drops to $145

On July 13, 2026, reports emerged of a third U.S. House member purchasing SpaceX shares shortly after its June IPO, intensifying scrutiny over potential conflicts given the company's $22 billion in government contracts. This follows July 11 coverage of purchases by Reps. Dan Meuser and Gil Cisneros, which analysts warned should not be seen as a bullish signal since congressional trades have historically underperformed. SpaceX priced its IPO at $135 on June 12, surged to $225, and now trades near $145 amid volatility and insider lockup concerns.