Tag: ELON MUS
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Chinese Investors Increasingly Buying Stakes in Elon Musk’s Companies
Affluent Chinese investors are purchasing stakes in Elon Musk’s companies through special-purpose vehicles to avoid scrutiny from U.S. authorities. Over $30 million in shares of SpaceX, xAI, and Neuralink has been sold by Chinese-backed asset managers, driven by profit motives. Musk maintains connections with Chinese officials as Tesla faces declining sales in Europe. Recent reports…