U.S. Politicans wasted little time when it comes to investing in SpaceX (NASDAQ: SPCX) stock and, as it turned out by early July, it also did not take them long to begin losing money on their investments.
The most recent example of the phenomenon came in the form of Representative Dan Meuser’s market activity as he purchased up to $50,000 worth of SPCX shares on June 16.
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Furthermore, the trade – revealed in a July 2 filing – was especially ill-timed considering SpaceX hit its all-time high (ATH) of $225.64 on the day and retraced significantly since.
Indeed, at press time on July 6, 2026, shares of SPCX are changing hands at $163.58 after rising 0.98% in the extended session from their latest close at $162.
If Meuser invested at the June 16 high, he might have lost up to $13,752, given his investment could have retraced by 27.5% to $36,248.
Additionally, he would have fared only slightly better if his timing coincided with the day’s low of $199.98. Specifically, had he purchased at that price, his position – assuming the initial purchase was the top of the reported range of $50,000 – diminished by $9,100.91 to $40,899.09 for an 18.2% loss.
Is Representative Meuser’s SpaceX stock investment about to turn green in July?
Still, Representative Meuser’s losses appear relatively unlikely to persist through the rest of July. SpaceX stock will benefit from substantial tailwinds starting on July 7, as the equity will be joining the Nasdaq-100 index on the day.
Though the benefits of increased visibility will arguably largely be lost on the company – Elon Musk’s newer public firm has been famous for years and had the largest IPO on record – it will, nonetheless, enjoy substantial buying pressure as index funds get compelled to include it.
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The bull case was, additionally, probably not lost on Representative Dan Meuser since his investment in SpaceX stock was simultaneously his first stock buy in approximately six years – once bond purchases are excluded, his most recent equity purchase took place on March 30, 2020
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