SpaceX is House Members’ Hot New Stock Pick

Four members of Congress who sit in committees that directly regulate Elon Musk’s SpaceX now have a family stake in the company’s stock.

Image: Reps. Gil Cisneros (D-California), John James (R-Michigan) and John McGuire (R-Virginia) have disclosed family purchases of SpaceX stock. Tom Williams/CQ Roll Call via AP, Bill Clark/CQ Roll Call via AP, Julia Demaree Nikhinson

 

Samuel Larreal of NOTUS reports: “Four members of Congress who sit in committees that directly regulate Elon Musk’s SpaceX now have a family stake in the company’s stock.

Rep. Gil Cisneros (D-California) and family members of Reps. John McGuire (R-Virginia), Dan Meuser (R-Pennsylvania) and John James (R-Michigan) have together purchased up to $130,000 in SpaceX stock since the company’s initial public offering on June 12.

All four lawmakers sit on powerful House committees that could influence SpaceX business operations — two on the House Armed Services Committee, which is charged with drafting a yearly defense authorization bill and has oversight of SpaceX, a major defense contractor…”

Click here for full article.

Enjoying what your are reading. Please donate to help with our operating expenses. Thank you!

Enjoying what your are reading. Please donate to help with our operating expenses. Thank you!

Find your US Representative: Click Here