“Democratic senators Elizabeth Warren and Andy Kim called on US Defense Secretary Pete Hagseth to launch an immediate review of SpaceX after reports of Chinese investors secretly buying a stake in the rocket giant.”, — write: www.pravda.com.ua
Source: Reuters with reference to the legislators’ letter
Warren direct speech: “China’s investment in SpaceX could pose a threat to national security, potentially jeopardizing key military, intelligence and civilian infrastructure.”
Advertising:
Details: Lawmakers refer to media reports and court testimony in their appeal to the head of the Pentagon. According to them, investors linked to China channeled funds through legal entities in the Cayman Islands and the British Virgin Islands to disguise the purchase of shares in Elon Musk’s company.
The letter noted that any Chinese ownership could trigger US foreign ownership, control or influence (FOCI) rules, given the risks of leakage of sensitive technology.
Senators Warren and Kim are demanding that the Pentagon disclose how much SpaceX stock is owned by Chinese investors, assess whether SpaceX is subject to requirements to reduce foreign influence, or whether foreign investment should be reviewed through the US Committee on Foreign Investment. A response from the Pentagon is expected by February 20.
The authors of the letter also emphasized that the recent the merger of SpaceX and xAI adds urgency to questions.
What preceded:
- In 2025, a Delaware court upheld the fund manager’s decision to exclude a Chinese investor from the structure created to buy SpaceX shares. Trustee Iqbaljit Kahlon returned $50 million to Chinese public company Leo Investments after SpaceX said the fund would not be able to buy shares if the company remained a partner.