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SpaceX faces scrutiny over allowing Chinese investments through offshore entities, amid U.S.-China tensions.
SpaceX, led by Elon Musk, has faced scrutiny over allowing Chinese investments through offshore entities like the Cayman Islands, according to court records. SpaceX's CFO testified that the company avoids direct Chinese investment but finds it acceptable via offshore vehicles, raising concerns about concealing foreign ownership. This comes amid heightened U.S.-China tensions and strict regulations on foreign investments in tech and defense firms.
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