Wealthy Chinese investors are quietly funnelling tens of millions of dollars into private companies controlled by Elon Musk using an arrangement that shields their identities from public view, according to asset managers and investors involved in the transactions.
Since
was named a key figure in US President Donald Trump’s drive to remake the US government, China-based asset managers have been promoting the pair’s relationship as an enticement to raise capital from rich Chinese. The money is flowing into Musk’s non-public ventures including xAI, Neuralink and SpaceX, the world’s most valuable private company.