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US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests A high-profile US defense department official who oversees the agency’s artificial intelligence efforts made a profit of up to $24m selling a private investment he held in Elon Musk’s AI company earlier this year, according to government ethics records released this month. The value of his stake totaled a maximum of a million dollars when he joined the department. Emil Michael, who is the Pentagon’s under secretary for research and engineering under the Trump administration, oversees negotiations with AI companies and has been pushing the defense department to rapidly increase the widespread use of AI. Michael declared in March 2025 that he had a position in xAI valued between $500,000 and $1m. He sold those holdings on 9 January for between $5m and $25m, according to disclosures filed with the office of government ethics (OGE). He reported that he owned the xAI shares through a company called KQ Partners. (Government financial disclosure reports are designed to show ranges of holdings, rather than precise amounts.) The increase in value amounts to a gain of between 4

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Apr 27, 2026
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Apr 9, 2026 → Apr 27, 2026

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Apr 27, 2026·The VergeT2 · Outlet report
Google employees ask Sundar Pichai to say no to classified military AI use

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Apr 27, 2026·The VergeT2 · Outlet reportLATEST
Google employees ask Sundar Pichai to say no to classified military AI use

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Apr 25, 2026·BBCT2 · Outlet report
Falklands veteran hopes King can get Trump to 'back down'

Falklands War veteran Simon Weston has said he hopes King Charles III can convince US President Donald Trump to "back down" over reports the US could review its position on the UK's claim to the territory. Weston told…

Read original at BBC →
Apr 23, 2026·GizmodoT2 · Outlet reportKEY MOMENT
Tesla Reveals Mysterious $2 Billion AI Hardware Deal in SEC Filing

In the latest example of Elon Musk betting his business empire’s future on the AI race, Tesla has quietly struck a deal to acquire a mystery AI hardware company for up to $2 billion. Electrek first reported that Tesla…

Read original at Gizmodo →
Apr 22, 2026·The GuardianT2 · Outlet report
Tesla reports mixed financial results as Musk pivots automaker to AI and robots

Figures fail to significantly buoy stock as firm admits ‘significant effort and hard work’ needed to achieve goals Tesla reported its first-quarter earnings on Wednesday, disclosing some better-than-expected results but…

Read original at The Guardian →
Apr 22, 2026·The VergeT2 · Outlet report
Even the fancy lawyers are getting pantsed by AI.

Sullivan and Cromwell, the law firm representing President Trump in many of his cases and which handled the SpaceX and xAI merger, was just forced to apologize to a federal judge for filing documents full of fake case…

Read original at The Verge →
Apr 21, 2026·CNETT2 · Outlet reportKEY MOMENT
ChatGPT Images 2: Why OpenAI Built a New Image Model After Killing Sora - CNET

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Apr 16, 2026·The VergeT2 · Outlet report
Google is reportedly in talks to let the Pentagon use Gemini in clasified settings.

The company is apparently reversing course in its approach to military dealings. Google currently has a contract that allows the DOD to use Gemini for “all lawful purposes,” but only in unclassified settings. According…

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Apr 16, 2026·CNETT2 · Outlet reportKEY MOMENT
Apple Reportedly Threatened to Remove Grok From App Store Over Deepfakes - CNET

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Apr 15, 2026·The GuardianT2 · Outlet report
NAACP lawsuit accuses Elon Musk’s xAI of polluting Black neighborhoods near Memphis

Suit alleges the billionaire’s AI company is illegally spewing toxic pollutants from its datacenter in the Memphis area A new lawsuit accuses Elon Musk’s artificial intelligence company of illegally spewing toxic…

Read original at The Guardian →
Apr 13, 2026·CNNT2 · Outlet report
Will Elon Musk ever be forced to explain what he did inside DOGE? | CNN Politics

Elon Musk was ubiquitous in Washington last spring, wielding unprecedented power helping the Trump administration reshape and, in some cases, dismantle federal agencies across the government. But now, his legal…

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Apr 9, 2026·The GuardianT2 · Outlet reportOPENING
US defense official overseeing AI reaped millions selling xAI stock after Pentagon entered agreement with company

Expert said federal law bars officials from taking actions in their jobs that benefit their own financial interests A high-profile US defense department official who oversees the agency’s artificial intelligence efforts…

Read original at The Guardian →

Sources & evidence (11)

What this story stands on. Tier 0 is a primary record or the subject's own words; higher tiers must be attributed, never stated as bare fact.

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T2 · Outlet reportThe VergeApr 27, 2026

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T2 · Outlet reportBBCApr 25, 2026

Falklands War veteran Simon Weston has said he hopes King Charles III can convince US President Donald Trump to "back down" over reports the US could review its position on the UK's claim to the territory. Weston told BBC Newsnight that…

View source →
T2 · Outlet reportGizmodoApr 23, 2026

In the latest example of Elon Musk betting his business empire’s future on the AI race, Tesla has quietly struck a deal to acquire a mystery AI hardware company for up to $2 billion. Electrek first reported that Tesla disclosed the deal in…

View source →
T2 · Outlet reportThe GuardianApr 22, 2026

Figures fail to significantly buoy stock as firm admits ‘significant effort and hard work’ needed to achieve goals Tesla reported its first-quarter earnings on Wednesday, disclosing some better-than-expected results but faltering in some…

View source →
T2 · Outlet reportThe VergeApr 22, 2026

Sullivan and Cromwell, the law firm representing President Trump in many of his cases and which handled the SpaceX and xAI merger, was just forced to apologize to a federal judge for filing documents full of fake case citations…

View source →
T2 · Outlet reportCNETApr 21, 2026

Our gifting experts are obsessively searching for holiday gifts that are unique, thoughtful and suitable for any budget. Our expert, award-winning staff selects the products we cover and rigorously researches and tests our top picks. If…

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