Mojtaba Khamenei has issued written statements and been referenced in regime appointments since succeeding his assassinated father as supreme leader in March 2026, yet he has made no verified in-person public appearance in the ensuing six months. Short, undated video clips released by state media in March and August purport to show him in private settings such as seminary sessions, but lack independent verification of timing or current condition. His absence from the July state funeral for Ali Khamenei, combined with reports of injuries sustained in the February attack and ongoing security risks amid active conflict, has sustained questions about his health and visibility. Analysts note a possible shift toward more collective decision-making while the regime emphasizes continuity through official messaging. Traders monitor any scheduled religious or political events that could prompt a confirmed appearance.