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International Business Times
International Business Times
Business
Merin Rebecca Thomas

Congress Members Disclose SpaceX Stock Buys After IPO. Filings Show Defense And Financial Oversight Lawmakers Holding Stakes In Company.

The disclosures come days after SpaceX completed a historic initial public offering on June 12, raising about $75 billion and pushing its valuation above $2 trillion, making it the largest IPO on record. (Credit: TIMOTHY A. CLARY / AFP via Getty Images)

Two members of the U.S. Congress, along with a family member of one lawmaker, disclosed purchases of SpaceX stock shortly after the aerospace company's public listing in June, according to newly released financial filings reviewed in congressional disclosure documents and reported by multiple outlets.

Rep. Dan Meuser, a Republican from Pennsylvania, reported that a dependent child purchased between $15,001 and $50,000 of SpaceX stock on June 15, while Rep. Gil Cisneros, a Democrat from California, disclosed a personal purchase of between $1,001 and $15,000 on June 18, according to congressional financial records cited in the reporting.

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