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Chinese investors privately take stakes in Elon Musk's companies

Economic Times · 1m

Chinese investors are reportedly investing tens of millions into Elon Musk's private companies like SpaceX, xAI, and Neuralink through special-purpose vehicles to escape U.S. scrutiny amid tense China-U.S. relations. The investments, exceeding $30 million, are seen as profit-driven, not for technology transfer or policy influence. Despite Musk's connections with Chinese officials and Tesla's operations in China, ventures like SpaceX face security risk perceptions in Beijing. The companies involved haven't commented on these investments.