Elon Musk’s Private Companies Receive Secret Chinese Investments Through Special Vehicles, Sparking Concerns Over Conflicts Of Interest

Benzinga

Wealthy Chinese investors are supposedly secretly channeling millions into Elon Musk’s private ventures, using special-purpose vehicles designed to obscure their identities.

Transcript

00:00It's Benzinga bringing Wall Street to Main Street.

00:02Chinese investors are secretly channeling millions into Elon Musk's private ventures

00:07using special purpose vehicles designed to obscure their identities.

00:11Three Chinese-backed asset managers reported selling over 30 million dollars worth of

00:15shares in SpaceX, XAI and Neutralink to Chinese investors in the past two years.

00:20Since its inception in 2002, SpaceX has raised more than 10 billion dollars from

00:24global investors, according to the pitch book.

00:27These opaque investment structures raise concerns over potential conflicts of interest,

00:32particularly as Musk remains deeply involved in U.S. politics and policy.

00:35For all things money, visit Benzinga.com slash GSTV.

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