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