Security Concerns Drive Investment Shift as SpaceX Restricts Chinese Capital
The world's richest man, Elon Musk, saw his aerospace company, SpaceX, officially list on the stock market on Friday (June 12).
Just a day prior, SpaceX completed the largest initial public offering (IPO) in history, raising a record-breaking $750 billion. However, notably absent from this group are investors from China and Hong Kong.
Bloomberg first reported last Friday that SpaceX has decided on this ban and justified the decision on national security grounds.
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