US Small Business Administration head Kelly Loeffler earned millions from her investments in SpaceX and xAI following SpaceX's record IPO. She invested between $1 million and $5 million in xAI twice in 2025. According to a PitchBook analyst, Loeffler's first investment could now be worth between $7 million and $2.6 billion, while the second could be worth $2.2-25.4 million.