Former House Speaker Nancy Pelosi’s household has disclosed a new investment in Bloom Energy (NYSE: BE), a data center stock that has emerged as a key beneficiary of the artificial intelligence infrastructure boom.
According to filings made on August 21, 2026, covering trades executed in late July, Pelosi’s husband, Paul Pelosi, purchased Bloom Energy shares and long-dated call options with a combined disclosed value of up to approximately $12 million.
The Congress trade included multiple purchases of common stock and call options tied to the fuel cell company.
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The filing shows that on July 24, Paul Pelosi purchased between $1 million and $5 million worth of Bloom Energy stock, alongside a similarly sized purchase of 100 call option contracts with a $100 strike price expiring in mid-2027.
Four days later, on July 28, he disclosed an additional purchase of 5,000 Bloom Energy shares valued between $500,001 and $1 million, as well as another 100 call option contracts in the same value range.
The latest filing is likely to reignite debate over congressional stock trading and investments made by lawmakers’ families.
Notably, Pelosi’s trades have long drawn scrutiny because several investments in technology and semiconductor companies such as Nvidia (NASDAQ: NVDA) preceded major market-moving developments.
Critics argue that lawmakers and their spouses may have informational advantages, while supporters note the trades comply with STOCK Act disclosure requirements and have never resulted in insider trading or ethics violations against Pelosi.
Despite not seeking reelection, Pelosi remains one of the most closely followed politicians by investors who track congressional stock trades.
BE stock momentum
Overall, Bloom Energy has emerged as a leading AI infrastructure stock as data center operators seek reliable power solutions for growing computing demand. By press time, BE stock was valued at $192, having gained 290% in the past year.
The company produces solid oxide fuel cells that generate electricity on-site more efficiently and with lower emissions than traditional alternatives.
Demand has risen as AI developers face grid constraints and lengthy utility connection delays.
Bloom has also secured major deals with Oracle, Brookfield-backed AI infrastructure projects, and Nebius’ New Jersey data center, where its fuel cells were selected over planned gas turbines.
Featured image via Shutterstock
