Secret Stakes in SpaceX Acquired by Chinese Investors Before IPO
A businessman with ties to Chinese military contractors was among the overseas investors who acquired stakes in SpaceX while it was still a private company. An entity linked to the Qatari royal family also took a stake. The new details come from a private investor list obtained by ProPublica that sheds light on a particularly delicate issue for Elon Musk’s rocket company: which people in countries like China bought into the company, and how. SpaceX built its business off sens
An investigation has revealed that investors with ties to Chinese military contractors secretly acquired stakes in SpaceX while the company was still privately held, prior to its initial public offering. An entity linked to the Qatari royal family also reportedly obtained a stake. This information comes from a private investor list obtained by ProPublica, shedding light on sensitive foreign investments in Elon Musk's rocket company, which relies on sensitive U.S. government contracts. SpaceX recently barred investors from China and Hong Kong from its IPO due to regulatory concerns. The U.S. government has previously raised alarms about China's alleged strategy of using investments in sensitive industries for espionage and technology acquisition.
The revelation of secret Chinese investments in SpaceX raises significant national security concerns due to the company's involvement with sensitive U.S. government technology.
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