US EditionSenate Democrats ask Pentagon to review SpaceX amid Chinese investor allegations
Senators Warren and Kim demand Pentagon assess Chinese investors' stakes in SpaceX, citing risks to U.S. national security and potential foreign ownership control rules.
- On Feb 5, Senators Elizabeth Warren and Andy Kim urged the Pentagon to review SpaceX amid alleged Chinese investment and requested a response by February 20.
- Senators cited media reports and court testimony that funds were routed through the Cayman Islands and British Virgin Islands via a special-purpose vehicle, with Iqbaljit Kahlon admitting Leo Investments as a limited partner before removing it and returning $50 million.
- Senators warned Chinese investment could expose nonpublic contract and supply-chain information, potentially jeopardizing Pentagon and U.S. military and intelligence infrastructure.
- They asked the Department of Defense to disclose Chinese ownership, assess FOCI needs, and determine if investments should go to CFIUS, while SpaceX did not immediately comment.
- Media analyses and congressional oversight have examined Chinese investment in SpaceX, heightening concerns amid SpaceX's xAI deal and China's rocket projects, lawmakers say.
19 Articles
19 Articles
Elizabeth Warren, Andy Kim Press Pentagon To Investigate Elon Musk's SpaceX Over Alleged Chinese Investment
Elizabeth Warren and Andy Kim urged the Pentagon to investigate SpaceX over allegations that Chinese-linked investors acquired a stake. Importance Rank: 1
The Pentagon's gonna take over.
Senate Democrats ask Pentagon to review SpaceX amid Chinese investor allegations
Two Senate Democrats are requesting the Pentagon to review SpaceX amid reports that Elon Musk’s aerospace company allows significant contributions from Chinese investors. Democratic Sens. Elizabeth Warren (Mass.) and Andy Kim (N.J.) raised their concerns about the company, which is a major contractor for the Department of Defense (DOD), in a letter to Defense Secretary…
Pentagon asked to review SpaceX as secret Chinese investment alleged | Honolulu Star-Advertiser
Two Democratic U.S. senators urged the Pentagon today to conduct an immediate review of SpaceX amid allegations that Chinese investors have secretly acquired stakes in the closely held rocket maker, citing potential national security risks, according to a letter seen
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