The SpaceX chief in recent times has taken to Twitter to
announce proposals to end Russia's war in Ukraine, and also said SpaceX cannot
indefinitely fund its Starlink internet service in Ukraine. He later backed
down and said he would continue to bear the costs of the service.
The discussions to review Musk's ventures are at an early
stage, sources told Bloomberg, adding that officials in the U.S. government are
weighing what tools, if any, are available that would allow the federal
government to review Musk's ventures.
One possibility is through the law governing the Committee
on Foreign Investment in the United States (CFIUS), which is under the U.S.
Department of Treasury, to review Musk's ventures, the report added.
An element of Musk's $44 billion Twitter deal which could
trigger a CFIUS review is the presence of foreign investors in Musk's
consortium, Bloomberg said.
The group includes Saudi Arabian investor Prince Alwaleed
bin Talal and Binance, which was founded in Shanghai.
A spokesperson for the US Treasury Department said CFIUS
does not publicly comment on transactions that it may or may not be reviewing.
Twitter and SpaceX did not immediately respond to Reuters'
request for comment.
Musk had said he would walk away from the deal to buy
Twitter in May alleging the company understated the number of bot and spam
accounts on the social media platform, which started a series of lawsuits
between the two parties.
Earlier this month, Musk reversed course and said he will
proceed with the deal on original terms. © Reuters
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