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Trump admin military contractor accused of taking money directly from Chinese investors
['Justin Elliott', 'Joshua Kaplan', 'Pro Publica']
Alternet.org
Elon Musk’s SpaceX has taken money directly from Chinese investors, according to previously sealed testimony, raising new questions about foreign ownership interests in one of the United States’ most important military contractors.
It was previously reported that some Chinese investors had bought indirect stakes in SpaceX, investing in middleman funds that in turn owned shares in the rocket company.
All previously known Chinese investors in SpaceX fell into the latter category.
Companies only have to proactively report Chinese investments to the government in limited circumstances, and there aren’t hard and fast rules for how much is too much.
By November 2021, Kahlon was personally raising money from China to buy SpaceX stakes.