SpaceX has reportedly allowed Chinese investors to acquire stakes in the company, with the amounts invested being transferred through offshores in locations such as the Cayman Islands.
The news is being reported by the website ProPublica and is being viewed with concern due to the fact that the company owned by Elon Musk has contracts with the Pentagon - namely in a project to develop a 'constellation' of spy satellites.
The publication notes that this information first came to light at a hearing for CFO Bret Johnsen, who said in December that he considered it “acceptable” for Chinese entities to invest in the company through offshores, thus guaranteeing anonymity.
TechCrunch notes that if these investments were to become public, it would be highly likely that they would be evaluated by the Committee on Foreign Investment in the United States (CFIUS) and, given the friction between the US and China, vetoed.
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