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SpaceX IPO could boost Congresswoman McClain's stake profit by up to 86% of her annual salary.

Market News
21 May 2026
Chris Katje
View Source
Bullish
pluang ai news

SpaceX has filed for an IPO with a target valuation of $1.75 to $2 trillion, potentially making CEO Elon Musk a trillionaire. Congresswoman Lisa McClain owns a stake in SpaceX through a prior investment in xAI, which merged with SpaceX. Depending on the IPO valuation, her stake could yield profits up to $150,000, about 86% of her $174,000 annual salary. McClain has disclosed other private investments and has been a top gainer among Congress members in 2025. Restrictions likely apply on when she can sell the shares, but the IPO could significantly increase her wealth.

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