Global Edition
Global Edition
UK Edition
EU Edition
US Edition

Understand the story, not the spin.

Markets

Pelosi Household Invests in Bloom Energy Amid AI Data Center Demand

Published 25 August 2026

Former House Speaker Nancy Pelosi's household has made a significant new investment in Bloom Energy, a fuel cell company benefiting from surging demand for data center power, according to financial disclosures released on August 21, 2026. The filings revealed that Pelosi's husband, Paul Pelosi, purchased 15,000 shares of Bloom Energy and 200 call options across multiple transactions in late July, with a combined disclosed value ranging from approximately $4.25 million to $14.5 million. The news sent Bloom Energy's stock up more than 7% in premarket trading on Tuesday, August 25.

The disclosure details show the purchases occurred on July 24 and July 28, 2026. The call options have a strike price of $100 and expire in June 2027. A spokesperson for Pelosi's office stated that the former Speaker does not own any stocks and has no knowledge or subsequent involvement in any transactions, noting the accounts belong to her husband. Pelosi has consistently denied accusations of insider trading.

The investment comes as Bloom Energy has emerged as a key player in the AI infrastructure boom. The company's solid oxide fuel cells generate electricity onsite for data centers and tech...

Now playing
0:00 / 0:00