SpaceX IPO Earns Millions for US Small Business Administration Head

Wednesday, July 22, 2026

US Small Business Administration head Kelly Loeffler multiplied the value of her investment in Felon Musk's SpaceX after she was nominated for the job ...

Posted by C0RI0LANUS at 11:33 PM | 6 COMMENTS | permalink | Comment on This Entry |

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Trump officials getting rich off (former DOGE leader) Elon Musk's company SpaceX, which enjoys big contracts with the U.S. government finance.yahoo.com/small-busine ... #corruption #oligarchy

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-- Mark Follman (@markfollman.bsky.social) 3:48 PM Â· Jul 20, 2026

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"Fabulously wealthy plutocrat Kelly Loeffler invested between $1 million and $5 million as of 3 January 2025 in xAI, Felon Musk's AI and social media firm that has since merged with SpaceX.

Later in 2025, Loeffler invested again in SpaceX and xAI between $1 million and $5 million. Reuters obtained the form from the SBA on 12 June. Her second investment was worth up to $25.4 million at the IPO."

~snip~

The nefarious Trumpf junta previously ended Justice Dept investigations for insider trading against Kelly Loeffler and other covetous US Senators from both parties.

Source: Bipartisan blasphemy

Easy Corky, this attractive plutocrat with the dynamite model looks is the enemy.

#1 | Posted by C0RI0LANUS at 2026-07-20 06:44 AM | Reply

Insider trading is the norm with this regime.
Concerned players can always take the precaution of applying for a pardon.
Bring a big wallet for that one.
Lots of beaks, big ones.

#2 | Posted by Doc_Sarvis at 2026-07-20 08:12 AM | Reply

116.42 today she must be in the red if she paid the 135 the IPO was at or the 150 retail investors were gouged with.

#3 | Posted by Scotty at 2026-07-23 12:39 AM | Reply

They know the grifting train is going to be stopped and all still on will be investigated...but for now, greed is god.

#4 | Posted by Hughmass at 2026-07-23 06:44 AM | Reply

While still making bank, Ms. Loeffler's investment is a bit tarnished, with SPCX closing on July 22 at $115.26, so retail investors who bought at the IPO date have lost 14.6% in less than six weeks. But Leon Skum has done OK, so there...

#5 | Posted by catdog at 2026-07-23 08:10 AM | Reply

Wow is she ever wealthy. Imagine being able to risk over $25 million on an investment like it's a night out at the casino. Why isn't she the head of the Big Business Administration?

#6 | Posted by Derek_Wildstar at 2026-07-23 12:50 PM | Reply