New reporting, originally published by ProPublica and reprinted by other outlets, says that some investors acquired stakes in SpaceX while the company was still private, before its initial public offering. The articles focus on two overseas investors described as previously unreported in public records. One investor is described as having ties to Chinese military contractors. The reporting also says an entity linked to the Qatari royal family took a stake in SpaceX during its private-company period. The outlets describe these purchases as having occurred through private transactions that were not widely disclosed, and they frame the information as coming from newly reviewed documents and records. The articles do not dispute that SpaceX raised capital from a range of investors before going public, but they emphasize that at least some of the identified parties had specific institutional or geopolitical connections that were not previously known publicly. The reporting characterizes the developments as newly surfaced details about who held stakes prior to the IPO, rather than as claims about SpaceX’s operations after becoming a public company.
New reporting says Chinese-linked investors secretly bought SpaceX stakes before IPO
New reporting, originally published by ProPublica and reprinted by other outlets, says that some investors acquired stakes in SpaceX while the company was still private, before its initial public offe...
- Reporting says some overseas investors acquired SpaceX stakes before the company’s IPO while it was still private.
- One newly described investor is said to have ties to Chinese military contractors.
- A second newly described stake-holder is linked to the Qatari royal family.
- The articles describe the stake acquisitions as occurring through transactions that were not previously widely disclosed.
- The new details come from documents and records reviewed for the reporting.
This article was originally published by ProPublica, a Pulitzer Prize-winning newsroom. A businessman with ties to Chinese military contractors was among the overseas investors who acquired stakes in SpaceX while it was still a private company. An entity linked to the Qatari royal family also took a stake. The new details come from a private […] The post Before SpaceX IPO, investors in China secretly acquired stakes appeared first on Asia Times.
2 months agoOne previously unreported SpaceX investor has ties to Chinese military contractors
2 months agoOne previously unreported SpaceX investor has ties to Chinese military contractors.
2 months agoThe post Before SpaceX IPO, Investors in China Secretly Acquired Stakes appeared first on ProPublica.
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