💰 An American official reaps millions from SpaceX IPO before taking office
Kelly Loeffler, head of the U.S. Small Business Administration, earned millions of dollars from her investment in Elon Musk’s SpaceX—just ahead of her nomination for the post. The gain comes after the company’s landmark initial public offering, raising questions about conflicts of interest.
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📊 Impact: 📊 Medium
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#SpaceX #IPO #KellyLoeffler #Government #Investment
🔗 Source: https://www.channelnewsasia.com/business/spacex-ipo-earns-millions-us-small-business-administration-head-kelly-loeffler-6260936