FOR IMMEDIATE RELEASE
News from Progress Michigan
January 14, 2026
Contact: Levi Teitel, levi@progressmichigan.org
Rep. McClain’s Husband’s Purchase of Elon Musk Stock Raises Red Flags
MICHIGAN – In response to the news that Rep. Lisa McClain’s husband made a six-figure investment in Elon Musk’s AI company right before the Pentagon expanded its use of the platform in U.S. military systems, Levi Teitel, communications coordinator for Progress Michigan, issued the following statement:
“When our elected officials and their family members profit from corporations with lucrative government contracts, the public starts to lose trust. And this is exactly what has happened with Rep. McClain and her husband’s investment in a company that’s working with the Pentagon. Mind you, xAI is owned by Elon Musk, who has been abusing his relationship with Trump to access our personal information while obliterating federal government agencies.
“Rep. McClain, there are a few questions worth asking you: Did your husband purchase this stock using insider information? Knowing that Musk’s companies are tied to foreign governments, are you concerned about national security risks even when you stand to financially benefit? And what do you have to say to the three-quarters of Americans who feel that this kind of behavior is a conflict of interest that needs to stop?
“We need a ban on our Members of Congress and their family members from trading individual stocks, full stop. It’s no surprise that Rep. McClain hasn’t joined her colleagues in cosponsoring a bipartisan bill meant to prevent this kind of activity from happening. We deserve better from our elected officials, and we need leaders who will stand up to this kind of corruption.”
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