Reports that the Biden administration is mulling a national security review of Elon Musk’s business ventures, including SpaceX’s Starlink funding in Ukraine and his plans to acquire Twitter, are not true, White House Press Secretary Karine Jean-Pierre said Monday.
“Those reportings are not true, so we’ll leave that there,” Jean-Pierre told reporters. “The national security review – that is not true.”
Bloomberg reported last week that US officials are concerned about the SpaceX CEO’s behavior after he threatened to pull the plug on Starlink funding in Ukraine unless the Pentagon provided funds for the service.
Ukrainian officials have credited Starlink with helping forces hold off Russia’s invasion. Mykhailo Podolyak, an advisor to Ukrainian President Volodymyr Zelenskyy, tweeted earlier this month that Musk “helped us survive the most critical moments of war” and said Ukraine “will find a solution to keep #Starlink working.”
Musk has since said that Starlink will “just keep funding Ukraine govt for free” even though the company “is still losing money.”
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Musk responded to a tweet about the White House denial of a national security review with the “crying laughing” emoji on Monday.
Bloomberg also reported that US officials were considering a national security review of Musk’s Twitter deal through the Treasury Department’s Committee on Foreign Investment in the United States.
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Foreign investors in the $44 billion deal include Qatar’s sovereign wealth fund and cryptocurrency exchange Binance, whose holding company is registered in the Cayman Islands,
Musk has until Friday to close the deal or will face trial in the Delaware Court of Chancery.