President Joe Biden said Elon Musk’s relationships with other countries are “worthy of being looked at.\u0022
“I think that Elon Musk’s cooperation and or technical relationships with other countries is worthy of being looked at,” Biden said at a White House news conference Wednesday. “Whether or not he’s doing anything inappropriate — I’m not suggesting that. I’m suggesting they’re worth being looked at. But that’s all I’ll say.”Sign up to receive daily headline news from the Calgary SUN, a division of Postmedia Network Inc.
One element of the $44 billion Twitter Inc. deal was the presence of foreign investors in Musk’s consortium. The group includes Prince Alwaleed bin Talal of Saudi Arabia, Binance Holdings Ltd. — a digital-asset exchange founded and run by a Chinese native — and Qatar’s sovereign wealth fund. Musk’s Tesla Inc. electric-vehicle company derives about 25% of its revenue from China.
On Monday, a day before the midterm elections, Musk urged Americans to vote for Republicans, arguing that “shared power curbs the worst excesses of both parties.” Once he acquired Twitter late last month, Musk embarked on a flurry of changes. After unseating top management and the board, he laid off roughly half the company’s workers — though some employees were asked to come back.
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Biden says Musk’s ties to other nations ‘worth being looked at’President Joe Biden said Elon Musk’s relationships with other countries are “worthy of being looked at.\u0022
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