Wednesday, March 26, 2025

Concerning

I missed the moment when China became the Big Bad, but whatever one thinks about that issue we should be consistent with this stuff!
Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman Islands or other offshore secrecy hubs, according to previously unreported court records.
And whatever one thinks about China or defense contractors, that their financing and activities get a bit of scrutiny probably isn't too controversial!

One part of the Tesla - not SpaceX - story is that China offered him a lifeboat when he needed it and it isn't clear what the price of that was!