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Elon Musk’s SpaceX Took Money Directly From Chinese Investors, Company Insider Testifies
['Written By']
The Orlando Advocate
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.
Kahlon’s testimony does not reveal the scope of Chinese investment in SpaceX or the identities of the investors.
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.
By November 2021, Kahlon was personally raising money from China to buy SpaceX stakes.