Biden Admin Might Probe Musk Deals

  • U.S. officials might conduct national security reviews of billionaire Elon Musk’s ventures following his recent comments about Russia and potentially ceasing Starlink access in Ukraine.
  • Bloomberg MarketWatch reported that U.S. officials are concerned about Musk’s comments and his pending agreement to buy Twitter for $44 billion, a deal that has drawn scrutiny partly due to confident foreign investors.
  • This includes a Saudi prince, the sovereign wealth fund of Qatar, and a cryptocurrency exchange previously based in China.
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