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For the second time since going public in June, Space Exploration Technologies Corp (NASDAQ: SPCX) will report quarterly financials on Tuesday after market close.
Along with retail investors and Elon Musk fans tuning in, several members of Congress may also be paying attention to the financials and management commentary.
Since SpaceX went public, seven members of Congress have reported buying shares of the space company, as reported by the MarketDash Government Trades page.
Here are the transactions:
Sen. Lisa McClain (R-Mich.) previously disclosed buying shares in xAI, which was merged into SpaceX in February 2026 with a valuation of $250 billion. At the time of the xAI and SpaceX merger, the companies were valued at $1.25 trillion combined. She disclosed that her spouse bought between $100,000 and $250,000 in private stock of xAI at the time.
Of the SpaceX purchase, only Salazar has disclosed selling shares. The congresswoman sold $1,000 to $15,000 in SpaceX shares and likely still owns part of her position.
The members listed above may have since sold their SpaceX stocks and not disclosed the transaction, with a deadline of 45 days allowed to disclose stock transactions.
For several Congress members, the SpaceX stakes were their first trades in years. This is true for Timmons, who had not disclosed buying any stocks since 2019. James also announced SpaceX as his first stock trade in two years.
For others, like Moskowitz, it represented buying stock in a company led by Musk after previously speaking out publicly against the future trillionaire.
Some Congress members who bought SpaceX stock may be currently trading at a paper loss, assuming they still hold shares. Here are the trading ranges for SpaceX stock for the purchase dates:
SpaceX stock trades at $148.16 at the time of writing, meaning those who bought on June 12, June 15 or June 18 would all still be holding onto a losing position. Salazar's trade on Sept. 24 came with shares trading between $145.88 and $149, which means she may have sold at a profit from her Aug. 12 purchase date.
McClain is the current big winner based on her purchase before the IPO at a $250 billion valuation for SpaceX. The space company is currently valued at $2 trillion.
This would mean a return of around 8x, turning the original $100,000 to $250,000 investment into a current value of $800,000 to $2,000,000.
For some members of Congress, their positions may be held with a potential conflict of interest, as some of the current stock owners are on committees such as the House Armed Services that could give them early knowledge of government contracts for the space company.
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