**Mojtaba Khamenei has remained out of public view since succeeding his father as Iran’s supreme leader in March 2026 following Ali Khamenei’s death in a February 28 strike.** He sustained injuries in the same attack and has issued only written statements while citing security needs amid ongoing conflict. He skipped the July state funeral attended by other family members and officials, and no authenticated recent video, audio, or photo has surfaced despite regime claims of meetings with President Pezeshkian and internal activity. Unverified clips and third-party accounts have circulated, but trader consensus reflects his decades-long preference for operating behind the scenes, tightened protections for leadership, and persistent health speculation. Recurring religious or national events through late 2026 could provide opportunities, yet the absence pattern keeps implied probabilities for a verified appearance low.