Since Will US President Donald Trump’s key figure in the United States was called the US government, Chinese asset leaders are engaged in promoting the couple’s relationship as an attractive capital from rich Chinese. The money is received by non -public companies Musk, including XAI, Neuralink and SpaceX, the most valuable private company in the world.
Investments are located through opaque structures known as special -purpose vehicles that benefit hide investors’ identity to avoid the anger of the US and companies that are cautious about the Chinese capital during Nadir’s relations between the two countries.
Assets behind the transactions told investors that the subjects were specifically designed to avoid disclosure.
The use of special purpose vehicles in financing is a common phenomenon, and there is nothing illegal in the agreement. However, it is concerned about the potential of excessive influence and conflicts of interest at a time when Moscow has unprecedented participation in politics and business in the US.
“How is anyone in the position of Musk have so much connection with China, but still being a good person to reform the US government?” Derek scissors said, senior employee of the US Institute of the enterprise. The influx of Chinese money into the business of Musk “adds to this picture that it is more interested in its reputation and its brand in China than in American interests.”
The opaque nature of the structures makes it difficult to evaluate the complete scale of Chinese capital, which enters the private enterprises of Moscow. But three assets supported by the Chinese said, The Financial Times reported that over the past two years they have been selling Chinese investors worth over $ 30 million in SpaceX, XAI and Neuralink, three private companies controlled by the musk’s estimates.
Overall, SpaceX has raised more than $ 10 billion from investors worldwide since its inception in 2002, Pitchbook reports.
A tributary of the Chinese capital According to people involved in transactions, mostly profits and little related technology or influence on public policy.
With a sluggish domestic economy, wealthy Chinese Seeking abroad for investment opportunities.
But the structure means that Chinese investors receive limited information about the company’s financial and efficiency, unlike details shared with major investors.
While Musk enjoys a warm relationship with Beijing, the company was difficult to take direct investment from China, financial advisers said. Hox’s Beijing Security has criticized SpaceX for their ties with US military.
“It is not easy to invest in a wonderful American high-tech company like SpaceX,” said Kevin Chen, Chief Economist Horizon Financial, New York Financial Advisory Group. “Chinese money is not welcome in many sectors.”
Representatives of Musk, SpaceX, Xai and Neuralink did not respond to repeated requests for comment.
On a recent Wednesday afternoon, hundreds of Chinese investors were set up for a webinar to hear a representative from Homaer Financial, asset manager in China, made the opportunity to invest in SpaceX for just $ 200,000.
The Homaer spokesman said she expected a SpaceX assessment of almost three times a 1.1 -year program thanks to the “comprehensive” support of the US government and the US military, which continued to place orders for space technology companies even “during the disaster”.
Wealthy China began to finance Musk private enterprises in the late 2010s, when the Tesla founder started building an electric vehicles in Shanghai in 2019 to use effective and inexpensive country of supplies.
Early investments have paid off. In October, Homaer said that in June 2018 a group of its clients brought 530 percent, investing in SpaceX in June 2018, receiving six years.
The Homaer investor confirmed the figure, adding that he was sorry to invest no longer. “I knew Musk was a good businessman,” he said. “But I didn’t expect it to be so successful in such a short time.”
Over the past two years, Homaer has launched three funds to invest in SpaceX and has been able to achieve its capital reducing goals for a few weeks, a man said with knowledge of this issue.
If Beijing imposed restrictions on private companies – including cancellation Group of ants Jack ma ipo And demanding that the Group Group Didi Global Delist in the US-Costs Musk Ventures continue to grow.
“I believe more in musk than most Chinese start-up entrepreneurs who are fighting for the business with more and more in the state economy,” said the investor who bought shares in SpaceX last year.
Some Chinese paid the price for open purchase in Moscow. The Chinese company Leo Group made headlines in 2021 when it announced plans to invest $ 50 million in Spacex via Tomales Bay Capital, the California Fund of Private Capital. Less than a week later, the American partner Leo recalled the deal, citing SpaceX’s discomfort with a public disclosure, according to the subsequent legal battle between two firms.
In response, the Chinese appealed to the special purpose vehicles. Asset Managers Basin Investor Foundation in the Organization Registered in the Cayman Islands, which invests money in US funds managed by Western private capital firms already existing in Musk’s Ventures.
The availability of Chinese funds is not visible in public posts.
A man close to Homaer said the firm asked his US partners whether they accept Chinese money. Usually conditions also require an American partner to eliminate investments in extreme scripts such as a military conflict between the two countries.
“The risks exist because we are not sure how bad the US relations will be in the next few years,” the man said.
The uncertainty did not prevent the wealthy Chinese accept the transactions. While tight capital control in Beijing has restricted investors in China Musk for those suffering from foreign bank accounts, some wealth executives found options for overcoming the barrier.
“China is facing the capital and lack of quality projects,” said the head of investment in New York, who seeks to raise capital from China for such investments. “That’s where we fit in.”
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2025-03-09 06:17:00