Army Under Secretary's SpaceX Stock Purchase Raises Ethical Concerns
Army Undersecretary Michael Obadal purchased between $1,001 and $15,000 worth of SpaceX stock during its initial public offering in June, according to a financial disclosure document. SpaceX, a major defense contractor, has significant business dealings with the Department of Defense and the Space Force, though not directly with the Army. Obadal's purchase was made through a standard brokerage platform, and the value of his shares remains below the de minimis value exemption for conflicts of interest. Despite compliance with federal financial disclosure and ethics rules, the purchase has sparked debate over potential conflicts of interest for government officials holding stock in companies that do business with federal agencies. 
