US Considers Security Check on Elon Musk

US Considers Security Check on Elon Musk

to be carried out21 Oct ’22 at 16:26Author of the book: AP

The US government is considering a security audit of some of billionaire Elon Musk’s activities. These include the imminent acquisition of aerospace company SpaceX and social media platform Twitter, Bloomberg news agency reports.

The US is considering an investigation into Elon Musk. SpaceX’s owner is suspected of ties to Putin, but there are also concerns about the acquisition of Twitter. (AP)

Also Read | Potential Money Flows Elon Musk and Kremlin Investigation

Concerns about Musk are over multimillion-dollar losses after it threatened to shut down Internet service to Ukraine through its Starlink satellite service, part of SpaceX. Ultimately, Musk agreed to continue paying the fees. Additionally, with the peace proposals he has shared on Twitter, Musk has increasingly moved toward Russia’s stance on the invasion, according to government officials.

In addition, the Biden administration is investigating whether Musk’s acquisition of Twitter and foreign investors could pose a national security risk. These include Saudi Prince Alwaleed bin Talal, Qatar’s sovereign wealth fund and Finance, a crypto firm owned by a Chinese national.

Also Read | Musk wants to lay off three-quarters of Twitter employees

Sources tell Bloomberg that negotiations are still in their early stages, making it uncertain whether Musk’s companies and deals are actually being investigated. There is also the question of what resources the central government can use to do this.

It was previously reported that international defense and security firm The Black Trident was investigating possible money flows between the Kremlin and tech billionaire Elon Musk.

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