US mulls ‘security review’ for Elon Musk’s projects

Officials in US President Joe Biden’s administration are debating whether the US should subject some of Tesla CEO Elon Musk’s projects to national security scrutiny.

According to Bloomberg, the projects include Musk’s acquisition of Twitter and the Starlink satellite broadband business.

Musk recently announced plans to end Russia’s war in Ukraine on Twitter and said that SpaceX could not indefinitely fund Starlink internet service in Ukraine. He eventually changed his mind and stated that he would continue supporting the service’s costs.

According to Bloomberg, discussions to investigate Musk’s projects are in their early stages. US government officials are researching available tools, if any, that would allow the federal government to review Musk’s projects.

Bloomberg said that one element of Musk’s $44 billion Twitter deal that could lead to a committee review is the presence of foreign investors in Musk’s consortium.

The group includes Saudi investors Prince Alwaleed bin Talal and Binance, which was founded in Shanghai. BKM/ Expat Media

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