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International Business Times
International Business Times

Congress Members Invested in SpaceX After Historic IPO. Critics Question Potential Conflicts

House financial disclosure filings showed that at least six members of the House of Representatives acquired SpaceX shares days after the company's public debut. (Credit: Getty Images)

Several members of Congress and their immediate family members purchased shares of SpaceX shortly after the aerospace giant's blockbuster initial public offering, raising fresh concerns among ethics experts over whether lawmakers should be allowed to trade stocks in companies that rely heavily on federal contracts and government oversight.

According to a CNBC analysis of House financial disclosure filings, at least six members of the House of Representatives or their families acquired between approximately $83,000 and $245,000 worth of SpaceX stock within six days of the company's June 12 public debut.

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