US Senators Urge Pentagon Review of SpaceX

Democratic U.S. senators Elizabeth Warren and Andy Kim have urged the United States===United States Department of Defense to conduct an immediate review of SpaceX. This call comes amid allegations that Chinese investors have secretly acquired stakes in the rocket maker, routing funds through entities in the Cayman Islands and the British Virgin Islands to mask purchases. The senators expressed concern that such investment could pose a national security threat, jeopardizing key military, intelligence, and civilian infrastructure, given SpaceX's crucial role in U.S. national security, including launching satellites and operating the SpaceX===Starlink network for the Pentagon and Ukraine. The letter requests the United States===United States Department of Defense to disclose the extent of any Chinese ownership, assess if SpaceX is subject to FOCI mitigation requirements, and determine if foreign investments should be reviewed by the United States===Committee on Foreign Investment in the United States. SpaceX's recent acquisition of Xai further underscores the urgency of these questions.