SpaceX's IPO Windfall for Congress Members: A Conflict of Interest? The latest financial disclosures from Rep. Dan Meuser (R Pa. ) and Rep. Gil Cisneros (D Calif.
) have shed light on a surprising trend: lawmakers buying into Elon Musk's SpaceX stock following its record breaking IPO in June. The connections between Capitol Hill and Silicon Valley are increasingly entangled.
Rep. Meuser's dependent child made a $15,000 to $50,000 purchase of SpaceX stock on June 15, while Rep. Cisneros bought between $1,001 and $15,000 worth of shares two days later.