This GOP Congresswoman's Family Bought xAI Shares— Now They Could Be Sitting On A Six-Figure SpaceX Gain

Benzinga06-13 16:10

Rep. Lisa McClain (R-Mich.) disclosed in January that her husband purchased between $100,001 and $250,000 worth of xAI shares in December. The investment became linked to SpaceX after Musk folded xAI ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2643212217?lang=en_US&edition=fundamental","thumbnail":"https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/06/13/San-Francisco--California---07-November-.jpeg","is_english":true,"pubTime":"2026-06-13 16:10","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2643212217","market":"nz","top_or_hot":-1,"title":"This GOP Congresswoman's Family Bought xAI Shares— Now They Could Be Sitting On A Six-Figure SpaceX Gain","media":"Benzinga","content":"<div>\n<p>Rep. Lisa McClain (R-Mich.) disclosed in January that her husband purchased between $100,001 and $250,000 worth of xAI shares in December.\nThe investment became linked to SpaceX after Musk folded xAI ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/06/53183257/this-gop-congresswomans-family-bought-xai-shares-now-they-could-be-sitting-on-a-six-figure-spacex-gain\">Source Link</a>\n\n</div>\n","source":"benzinga_hot_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>This GOP Congresswoman's Family Bought xAI Shares— Now They Could Be Sitting On A Six-Figure SpaceX Gain</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis GOP Congresswoman's Family Bought xAI Shares— Now They Could Be Sitting On A Six-Figure SpaceX Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-06-13 16:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/tech/26/06/53183257/this-gop-congresswomans-family-bought-xai-shares-now-they-could-be-sitting-on-a-six-figure-spacex-gain><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Rep. Lisa McClain (R-Mich.) disclosed in January that her husband purchased between $100,001 and $250,000 worth of xAI shares in December.\nThe investment became linked to SpaceX after Musk folded xAI ...</p>\n\n<a href=\"https://www.benzinga.com/markets/tech/26/06/53183257/this-gop-congresswomans-family-bought-xai-shares-now-they-could-be-sitting-on-a-six-figure-spacex-gain\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPCH","symbol_name":"2倍做多SpaceX ETF-leverage shares","start_time":0,"source_url":"https://www.benzinga.com/markets/tech/26/06/53183257/this-gop-congresswomans-family-bought-xai-shares-now-they-could-be-sitting-on-a-six-figure-spacex-gain","article_id":"2643212217","we_media_id":null,"thumbnails":["https://cdn.benzinga.com/cdn-cgi/image/width=260,format=auto,quality=85/files/images/story/2026/06/13/San-Francisco--California---07-November-.jpeg"],"rights":{"source":"benzinga_hot_news","url":"https://www.benzinga.com/markets/tech/26/06/53183257/this-gop-congresswomans-family-bought-xai-shares-now-they-could-be-sitting-on-a-six-figure-spacex-gain","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2643212217","pubTimestamp":1781338200,"columns":[],"sourceInfo":{"source_id":"benzinga_hot_news","name":"Benzinga"},"weMediaInfo":null,"summary":"Lisa McClain's family could gain up to $150,000 from an early xAI investment linked to SpaceX's blockbuster IPO, drawing fresh scrutiny.","collect":0,"end_time":0,"defaultTopTitle":"benzinga.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"SPCH":"2倍做多SpaceX ETF-leverage shares","DXYZ":"Destiny Tech100 Inc","XOVR":"ERShares Private-Public Crossover ETF","BK4089":"非传统电信运营商","SPCU":"Defiance Daily Target 2X Long SpaceX ETF","SPCF":"ProShares Ultra SpaceX","SNK":"2倍做空SpaceX ETF-GraniteShares","BK4615":"SpaceX概念","SPAL":"2倍做多Space X ETF-GraniteShares","UFO":"Procure Space ETF","SPCX":"SPAC and New Issue ETF","GOP":"UNUSUAL WHALES SUBVERSIVE REPUBLICAN TRADING ETF","LOFF":"Direxion Daily SpaceX Bull 2X ETF"},"translate_title":"这位共和党国会女议员的家人购买了xAI股票——现在他们可能会坐拥SpaceX六位数的收益","themeId":null,"isJumpTheme":false,"ttsUrl":"https://static.tigerbbs.com/6d86d12f68226e70229eb919df8a6497","symbols_score_info":{"LOFF":0.6,"SPCU":1.5,"UFO":0.6,"GOP":1.5,"SPCF":0.6,"SNK":1.5,"SPCH":0.6,"SPAL":1.5,"DXYZ":1.5,"SPCX":1.5,"XOVR":1.5},"content_text":"Rep. Lisa McClain (R-Mich.) disclosed in January that her husband purchased between $100,001 and $250,000 worth of xAI shares in December.\nThe investment became linked to SpaceX after Musk folded xAI into the aerospace company in February.\nA spokesperson for McClain said the investments are a matter of public record and were made in compliance with applicable disclosure requirements.\nThe timing of the investment has attracted scrutiny because it occurred shortly before the Defense Department announced plans to integrate xAI’s Grok models into GenAI.mil, a platform designed to help military personnel use generative AI tools.\nDefense Secretary Pete Hegseth later expanded Grok’s role within the Pentagon, including its use on classified networks. Weeks afterward, Musk combined xAI and SpaceX.\nHowever, there is no evidence that McClain or her husband had advance knowledge of the Pentagon initiatives or traded using nonpublic information. McClain has publicly said she can “100% assure” that the family did not possess insider information.\nThe development comes as McClain faces continued scrutiny over financial disclosures.\nData compiled by Capitol Trades shows she has reported more than 1,400 household transactions during the past three years.\nLast year, reports indicated that hundreds of trades made by her husband were disclosed after required deadlines, potentially violating the STOCK Act, which mandates timely reporting of transactions by lawmakers, spouses and dependent children.\nThe latest gains tied to SpaceX are likely to add momentum to bipartisan efforts seeking stricter limits on congressional stock trading.\nPrice Action: Shares of SPCX closed Friday at $160.95, up 19.22% for the day and rose another 3.67% in after-hours trading to $166.85, according to Benzinga Pro.\nDisclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.\nImage via Shutterstock\nTo add Benzinga News as your preferred source on Google, click here.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"shareholding","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"tenantId":"TBGLOBAL","deviceId":"web-server-community-laohu8-v3","version":"4.43.1","shortVersion":"4.43.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2643212217","isCrawlerRequest":true}