The Motley Fool
11 Jul 2026, 07:52 UTC · 2h ago
2 Key Members of Congress Recently Bought SpaceX Stock. Should You Buy It Too?
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
The Motley Fool
11 Jul 2026, 07:52 UTC · 2h ago
NewsImpactScreener rates every claim in this story for market impact and maps it to the tickers most exposed.
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Rep. Dan Meuser and Rep. Gil Cisneros, members of the House Financial Services and Armed Services committees respectively, have disclosed new investments in SpaceX. — Investments by lawmakers on committees overseeing finance and defense can be seen as a bullish signal given their proximity to government contract information.
+0.40SpaceX holds approximately $22 billion in U.S. government contracts, with the Department of Defense and NASA being its primary federal customers. — High-value government contracts provide a stable revenue floor and validate the company's strategic importance to national security.
+0.30Which stocks this story touches
Bipartisan investment from members of Congress and significant government contracts suggest bullish momentum.
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4h ago
