Investors who followed a July purchase of Bloom Energy (NYSE: BE) stock by accounts belonging to the Nancy Pelosi household would have been rewarded by the company’s sharp rebound over the past two months.
The fuel-cell company has emerged as one of the beneficiaries of growing demand for power infrastructure supporting artificial intelligence data centers, helping drive a strong recovery in its share price after a summer sell-off.
As a result, a $1,000 investment in Bloom Energy made on the date of the Pelosi household’s first disclosed purchase would now be worth approximately $1,561, representing a gain of more than 56%.
Filings show that on July 24, 2026, accounts belonging to Pelosi’s husband, Paul Pelosi, purchased 10,000 shares of Bloom Energy Class A common stock in a transaction valued between $1 million and $5 million.
The accounts also acquired 100 call options carrying a $100 strike price and a June 17, 2027 expiration date, valued in the same range.
Four days later, on July 28, the same accounts added another 5,000 shares valued between $500,001 and $1 million, along with a second block of 100 identical call options.
The combined position totaled approximately 15,000 shares and 200 call options covering 20,000 underlying shares. Based on the disclosure ranges, the overall value of the position was estimated at between $3 million and $12 million.
The Congress trade marked the household’s first reported investment in Bloom Energy. The trade has attracted attention because of the Pelosi family’s long history of investments in technology and growth stocks, particularly companies tied to major market trends.
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Bloom Energy’s recovery
The purchases came during a period of weakness for Bloom Energy shares, which had retreated from highs above $34 in June amid volatility across AI-related stocks and the impact of a short-seller report.
The first purchase occurred with Bloom Energy trading near $18.49, while the second came at about $16.68, close to the stock’s recent lows.
Later on July 28, Bloom Energy reported record second-quarter results. Revenue surpassed $1 billion while year-over-year growth reached roughly 165% to 166%.
Management also raised full-year guidance, citing strong demand for its solid-oxide fuel-cell systems, which provide on-site power for data centers and other energy-intensive facilities.
The rally gained additional momentum in early September after S&P Dow Jones Indices announced Bloom Energy’s inclusion in the S&P 500. Shares jumped nearly 40% over the following five trading sessions as index funds prepared to add the company.
The company has also benefited from investor enthusiasm surrounding AI infrastructure. Bloom Energy’s fuel-cell technology is increasingly viewed as a potential solution for meeting the growing power demands of large-scale AI data centers, with the firm expanding commercial relationships across the sector.
Featured image via Shutterstock
