Nancy Pelosis husband made $38M worth of stock trades in weeks leading up to Trump inauguration
Ex-House Speaker Nancy Pelosi’s husband made $38 million worth of stock trades in the weeks leading up to President Donald Trump’s inauguration — including an investment in a once-obscure artificial intelligence firm whose shares have soared nearly 50% in the past week.Paul Pelosi, the venture capitalist who is married to the Democratic lawmaker whose 11th congressional district encompasses San Francisco, sold $24 million worth of Apple stock as well as $5 million worth of shares in AI chip-maker Nvidia.Both of those lucrative transactions were executed on New Year’s Eve, according to government filings.Nancy Pelosi is legally required to disclose her husband’s stock trades.Paul Pelosi, who survived a vicious hammer attack inside the couple’s San Francisco home more than two years ago, has also taken a new position with Tempus AI, a Chicago-based health technology company that uses artificial intelligence to process clinical and molecular data.According to the filing, Paul Pelosi bought $100,000 worth of call options in Tempus AI on Jan.
14.Since the Pelosi position was revealed, the company’s stock has surged.When the market opened on Jan.
14, Tempus AI stock was trading at around $32 a share.As of Thursday, however, shares of Tempus AI, which went public last June in an IPO that priced the stock at $37 per share, were trading at around $50.50 per share — an increase of 60%.Christopher Josephs, the tech entrepreneur who has operated the “Nancy Pelosi Stock Tracker” on X since January 2021, launched an app that allows traders to buy stocks and amass a portfolio that is identical to that of the former House speaker’s husband.Josephs told The Post that his Autopilot investment app, which has been online since January 2023, has facilitated more than $325 million in total trades by users who use the same strategy as Paul Pelosi.He told The Post that through Tuesday traders who are copying Pelosi have amassed $45 million in realized and unrealize...