President Donald Trump has a new chief of staff in Stephen Miller. A long-time member of Trump’s circle, Miller was also an owner of Space Exploration Technologies Inc. (NASDAQ:SPCX) stock until recently.
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Miller Family Sells SpaceX Stock
The connections between President Donald Trump and billionaire Elon Musk are well known, and the president even owns some SpaceX stock.
Trump’s new chief of staff won’t follow his boss in owning stock and making decisions or policy on the company.
According to a report from The Atlantic, Miller’s wife, Katie Miller, recently sold her SpaceX stock and forfeited future unvested equity.
Katie Miller worked for Musk for several years, with stints at the Department of Government Efficiency and serving as an adviser for SpaceX. She no longer holds a position with SpaceX. She was also a shareholder in the company, which houses some of Musk’s AI efforts and wins government contracts.
The former SpaceX adviser was often critical of SpaceX rival OpenAI on social media and often tweeted positive things about Musk and defended him.
Stephen Miller previously recused himself from policy matters that could be connected to SpaceX. The sale of the SpaceX stock is expected to open Miller up to being involved in any policies related to artificial intelligence.
“Stephen Miller is no longer subject to any recusals and may fully participate in all meetings and policy matters,” a White House official told The Atlantic.
While the Miller family appears to be trying to avoid any conflict of interest with SpaceX stock, Trump and multiple members of Congress own shares of the Musk-led company.
End of Podcast
Katie Miller also ended talks with Paramount, a unit of Skydance Corp (NYSE:SKYD), over a podcast deal. Her husband had previously recused himself from involvement with the media company.
The “Katie Miller Podcast” has 77,000 subscribers on YouTube with weekly episodes featuring Miller interviewing people.
Episodes mainly focused on close allies of Trump and sometimes included their spouses. Past guests included Musk, Rep. Mike Johnson, Lara Trump, Marco Rubio, Chamath Palihapitiya, Kash Patel, Pete Hegseth, Sean Duffy, Dana White, Nicki Minaj, J.D. Vance, Todd Blanche and Joe Lonsdale. The list contains members of Trump’s cabinet or close friends of the president.
“I’ve decided to stop recording new podcast episodes. Nothing is more important than raising our four kids. While I’ve loved the podcast, the time commitment is too great and now is the time to step away,” Katie Miller tweeted.
Miller’s tweet did not mention Paramount or her husband’s previous recusals.
Photo: lev radin/Shutterstock
