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Pentagon Official Profits Millions from Musk's AI Venture

4/10/2026

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Story summary
  • Emil Michael, an official in the US Department of War, profited between $5 million and $25 million by selling his stake in Elon Musk's AI company xAI.
  • His investment, valued up to $1 million when he joined, raised concerns about conflicts of interest.
  • The Pentagon stated Michael complied with ethics laws, despite criticism from ethics experts.
  • Michael has promoted AI within the military and engaged in disputes with AI contractors.