Former House Speaker Nancy Pelosi disclosed an investment between $3 million and $12 million in Bloom Energy just weeks before it was announced that the AI firm is joining the S&P 500, sending the stock sky-high.
The San Francisco Democrat’s millionaire husband, Paul Pelosi, owned the accounts that made the Wall Street trades, according to a transaction report she signed on Aug. 21.
On July 24, the household account purchased 10,000 shares of Bloom Energy for an amount between $1 million and $5 million and 100 call options valued between $1 million and $5 million, according to the disclosure. That means the trades were worth at least $2 million, looking at the combined floors.
On July 28, another 5,000 shares were bought for roughly $500,000 to $1 million and 100 more call options valued between $500,000 and $1 million – a combined purchase worth $1 million to $2 million.
The first pair of trades from the Pelosi account came after a sharp downturn in the stock, and the second batch hit the same day Bloom reported extremely upbeat earnings, including annual revenue growth of $165% – which sent the stock soaring over the following days.
Weeks later, on Sept. 4, it was announced that Bloom Energy will officially join the S&P 500 later this month – sending the stock up nearly 40% over the past five days.
The stock closed at $184.89 a share on July 24 and $166.84 on July 28. It was last trading at $282.50 a share Tuesday afternoon.
https://nypost.com/2026/09/08/business/nancy-pelosi-disclosed-at-least-3m-investment-in-bloom-energy-weeks-before-stock-soared/