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FTC Chair Says No Law Broken in xAI Stake

By Drooid · · How we work

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Story summary
  • Katie Miller, podcaster and Stephen Miller’s wife, promoted Musk’s xAI while denouncing rival chatbots.
  • She owned a $500,000+ xAI stake bought Dec. 19, 2025, but did not disclose it.
  • Rebecca Tushnet warned Miller may have breached FTC guidelines.
  • FTC Chair Andrew Ferguson said no law was broken.
  • In Feb. 2026 xAI merged into SpaceX, valued at $250 billion, and the June 2026 IPO briefly made Elon Musk the first trillionaire.