TheBiden Administrationconsidered looking intoElon Musk ’s purchase of Twitterover home security system concerns , Bloombergfirst reported . Musk bought the company for $ 44 billion in October which top to questions about whether any of the foreign investors take in the acquisition could hit access to substance abuser ’ data .
Among the investors Musk enroll to assist finance the Twitter raft include Binance CEO Changpeng Zhao , Saudi Prince Alwaleed bin Talal , and Qatar ’s sovereign wealth fund , all of whom invest a combined nearly $ 2.8 billion , according to aU.S. Securities and Exchange Commission filing .
The substantial investments from China and the Middle East raised concern for the Biden presidency , where some considered bringingMusk ’s Twitter dealbefore the U.S. Committee on Foreign Investment , which has the ability to block concern minutes that spark internal security system business . However , sources conversant with the matter secern Bloomberg that the Treasury Department ruled against a brushup on legal grounds .
Photo: Saul Martinez (Getty Images)
Musk ’s alleged unobtainable position is cause for business concern , top Biden official told the outlet , citing the straggle empire that has given him power and influence over global affairs . He has extended his reachas far as insert at times , controversial room to deal with Russia and the state of war in Ukraine .
Biden official also expressed business concern over Musk ’s dependence on the Middle East , where he receives a substantial amount of funding from investor , and Tesla ’s arise comportment in China . Under Musk ’s ownership , Twitter has become an progressively outspoken platform forconspiracy theoriesand misinformation , even aspro - Russian Twitter accountsposted anti - U.S. propaganda on the site surrounding theEast Palestine train derailmentin Ohio , AP Newsreported on Saturday .
When asked for gossip by Bloomberg about the Biden administration ’s initial concerns over alien investors , Musk said in an email to the electrical outlet , “ I consider in the Constitution . Do they ? ”
Daily Newsletter
Get the best technical school , science , and culture news in your inbox daily .
News from the time to come , deliver to your present .
You May Also Like
