SBA Administrator Kelly Loeffler sees multi-million dollar gains from SpaceX IPO
Kelly Loeffler, who leads the US Small Business Administration, has secured millions in profit from her holdings in SpaceX and xAI after SpaceX’s historic initial public offering. During 2025, she made two separate investments in xAI, each ranging from $1 million to $5 million. Data from a PitchBook analyst suggests that her initial stake may have grown to a value between $7 million and $2.6 billion, with the subsequent investment potentially worth between $2.2 million and $25.4 million.
by shortkt.com✓