US EditionSpaceX reportedly has a secret backdoor for Chinese investment: ProPublica
- SpaceX allows investment from China through offshore routes, despite concerns over national security, as revealed in court records.
- Kahlon testified that SpaceX prefers to avoid investors from China due to its status as a defense contractor, with ties drawing scrutiny from U.S. Regulators.
- Experts express concern over SpaceX's practices, suggesting they may conceal ties to China from U.S. Authorities, which raises national security questions.
- Company executives expressed concerns over potential national security issues stemming from such investments.
13 Articles
13 Articles
TechCrunch
BizTocSpaceX reportedly has a secret backdoor for Chinese investment
Elon Musk’s rocket company SpaceX has allowed Chinese investors to buy stakes as long as the funds are routed through the Cayman Islands or other offshore hubs, according to reporting from ProPublica.
Asia Times
Daily KosHow Elon Musk’s SpaceX secretly allows investment from China
This article was originally published by ProPublica, a Pulitzer Prize-winning investigative newsroom. Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman Islands or other offshore secrecy hubs, according to previously unreported court records. The rare picture of SpaceX’s approach […] The post How Elon Musk’s SpaceX secretly allows investment from China ap…
Elon Musk’s SpaceX is secretly allowing investment from China
ProPublica is a Pulitzer Prize-winning investigative newsroom. Sign up for The Big Story newsletter to receive stories like this one in your inbox. Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman Islan...
Busted: Elon Musk’s SpaceX secretly allows investment from China
Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman Islands or other offshore secrecy hubs, according to previously unreported court records.The rare picture of SpaceX’s approach recently emerged in an under-the-radar corporate dispute in Delaware. Both SpaceX’s chief financial officer and Iqbaljit Kahlon, a major investor, were forced to testify in the ca…
ProPublica
How Elon Musk’s SpaceX Secretly Allows Investment From China
As a U.S. military contractor, SpaceX sees allowing Chinese ownership as fraught. But it will allow the investment if it comes through secrecy hubs like the Cayman Islands, court records say. “It is certainly a policy of obfuscation,” an expert said.
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