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SpaceX going public is expected to further increase the net worth of Trump's team; disclosure documents show multiple officials hold shares

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On June 4th, reports indicate that SpaceX's initial public offering is likely to make the Trump administration's team even wealthier. According to these officials' most recent public financial disclosure documents, ten officials, including Presidential Envoy Witkoff and Small Business Administration Director Kelly Loeffler, reported holdings in Elon Musk's rocket company SpaceX or xAI. The disclosure documents show that these federal officials collectively hold SpaceX or xAI stock valued at at least $9.9 million and up to $43.8 million. The disclosures were made last year, with asset values listed within a broad range.
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