Mojtaba Khamenei has issued only written statements since succeeding his father as Iran’s Supreme Leader in March 2026, following Ali Khamenei’s assassination in late February. He has made no verified public appearance, video, or audio recording, and was absent from the July state funeral. Iranian state media have released undated clips purporting to show him, while officials cite security risks and injuries sustained in the initial strike as reasons for seclusion. Recent regime statements and appointments attributed to him have not resolved trader questions about his condition or willingness to appear live. Ongoing conflict, internal leadership dynamics, and lack of scheduled public events continue to shape assessments of near-term visibility.