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Pentagon official overseeing military AI sold millionsworth of stock in AI firm

Exclusive: financial disclosures from Emil Michael – who also reaped millions from xAI stock earlier this year – show he sold his Perplexity stock for up to $25m

This story summarizes reporting from The Guardian. Read the original for full context. Wire items stay in our news sitemap for seven days. Editorial policy.

Read full story on The Guardian →
Aram Roston1 Sept 2026, 07:17 pmUpdated 15h ago1 min readBusinessGlobal
Pentagon official overseeing military AI sold millions worth of stock in AI firm

Global — Aram Roston

Exclusive: financial disclosures from Emil Michael – who also reaped millions from xAI stock earlier this year – show he sold his Perplexity stock for up to $25m

The top Pentagon official overseeing military artificial intelligence policy, who reaped profits earlier this year of up to $24m selling his private investment in Elon Musk’s AI company, has now sold his holdings in another AI company for between $5m and $25m, according to records seen by the Guardian. (Federal financial records show ranges of dollar values rather than specific figures.)

Earlier this year, the Guardian disclosed that the official, Emil Michael, had profited handsomely from his investment in Musk’s xAI in January, with a gain of between 400% and 4,800% .

The top Pentagon official overseeing military artificial intelligence policy, who reaped profits earlier this year of up to $24m selling his private investment in Elon Musk’s AI company, has now sold his holdings in another AI company for between $5m and $25m, according to records seen by the Guardian. (Federal financial records show ranges of dollar values rather than specific figures.)

This report is published with credit to The Guardian. The wire sent a summary; open the original for any extra context. Read on The Guardian →

Source: The Guardian · Aram Roston. Published 1 Sept 2026, 07:17 pm.

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