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. SpaceX is a defense contractor for the Pentagon, one that handles sensitive work like building a classified spy satellite network. Investment from China […]
SpaceX reportedly allows Chinese investors to purchase stakes through offshore accounts, raising national security concerns given its Pentagon contracts and sensitive projects. This practice surfaced during a corporate dispute, revealing SpaceX's acceptance of such investment despite potential CFIUS scrutiny. Similar reports suggest Chinese investors are using special-purpose vehicles to invest in other Musk-controlled companies.