Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

LessAspin

(1,581 posts)
19. China 🇨🇳
Sat Mar 29, 2025, 10:36 AM
Mar 29

China 🇨🇳 to the rescue

(ProPublica) - Elon Musk’s aerospace giant SpaceX allows investors from China to buy stakes in the company as long as the funds are routed through the Cayman Islands or other offshore secrecy hubs, according to previously unreported court records.

@jeisinger.bsky.social

https://bsky.app/profile/carlquintanilla.bsky.social/post/3llbnogx4xc2y



https://www.propublica.org/article/elon-musk-spacex-allows-china-investment-cayman-islands-secrecy

Recommendations

2 members have recommended this reply (displayed in chronological order):

Don't worry he has access to $5 trillion a year now. Irish_Dem Mar 29 #1
DOGE is the world's biggest heist LymphocyteLover Mar 29 #26
How do we know BonnieJW Mar 29 #34
He can also do backdoor monthly payments for life. Irish_Dem Mar 29 #42
that's what worries me endlessly-- especially since we have no justice system now LymphocyteLover Mar 30 #75
DOGE is the biggest heist in the history of the world. Irish_Dem Mar 29 #41
He didn't touch the Bible this time. True. And had his fingers crossed behind his back. OK, I made that one up. Evolve Dammit Mar 29 #52
Not to mention the theft of all that data on all of us.... Marie Marie Mar 29 #66
All the data in the entire US government is priceless. Irish_Dem Mar 30 #74
Yup. And that 5 trillion represents powerful leverage. Magoo48 Mar 29 #31
A grown adult (physically), with the mentality of a teenage sociopath and drug abuser should never have had that artemisia1 Mar 29 #2
The dark twin to Tom Hanks in 'Big'. cbabe Mar 29 #20
I would feel bad for him, but I remembered this. Norbert Mar 29 #3
"It occurs to me that the best way you hurt rich people is by turning them into poor people." no_hypocrisy Mar 29 #4
... littlemissmartypants Mar 29 #17
His DOGE Team have installed numerous back doors Submariner Mar 29 #5
Those computers and the entire network MUST be wiped and/or replaced NEOBuckeye Mar 29 #15
I vote for replaced. slightlv Mar 29 #60
I'll say it again, this feels like it ends up in a darkened lair underpants Mar 30 #77
He still has $300 billion. Enough to buy the Trump Administration and the entire Republican Party many times over. Midnight Writer Mar 29 #6
He should pay 30% tax on it, that would help balance the budget Walleye Mar 29 #12
Fuck that. He should pay 90% on that..... AZ8theist Mar 29 #51
make that something north of 355 ... stopdiggin Mar 29 #28
Which means he can only get by for another 900 years. JohnnyRingo Mar 29 #7
I would like to see him arrested in a deNazification program when the world kicks the doors in. NNadir Mar 29 #8
Good! Let's send him to the poor house. Crowman2009 Mar 29 #9
I wonder how many people realize that Littlered Mar 29 #30
I am more concerned about edhopper Mar 29 #35
Maybe I missed something. Littlered Mar 29 #37
It's Musk that is celebrating people losing jobs JI7 Mar 29 #48
I found a video... Chemical Bill Mar 29 #53
Yes edhopper Mar 29 #56
I agree. NNadir Mar 29 #49
I meant just him, especially once Tesla and SpaceX kick him to the curb. Crowman2009 Mar 29 #38
How many government employees has Musk laid off? usonian Mar 30 #69
If you say so. Littlered Mar 30 #76
Musk most likely has billions we know nothing about. twodogsbarking Mar 29 #10
Which I hope he loses it all in a crypto-scam. Crowman2009 Mar 29 #39
Doesn't mean anything until Rver Mar 29 #11
The Rich are the true parasites. patphil Mar 29 #13
Some one finally gets edhopper Mar 29 #14
Vai! Prairie Gates Mar 29 #16
Isn't this a shame he lost so much? LilElf70 Mar 29 #18
China 🇨🇳 LessAspin Mar 29 #19
Nothing lasts forever, Elon. calimary Mar 30 #73
His net worth to humanity is zero (or less). KY_EnviroGuy Mar 29 #21
So sad. moondust Mar 29 #22
Let's help him lose more of it IronLionZion Mar 29 #23
"the Rich in this country who are sucking us dry and not giving back." KPN Mar 29 #24
Morally, he has no net worth. He is bankrupt. twodogsbarking Mar 29 #25
for perspective - Musk's wealth can see-saw up and down - losing nearly 100 billion stopdiggin Mar 29 #27
Musk is mad at Governor Walz for joking about Tesla stock price LetMyPeopleVote Mar 29 #29
The company needs to be brought to its knees... AntiFascist Mar 29 #58
two thirds too little ... nt Jarqui Mar 29 #32
Straw into Gold Nasruddin Mar 29 #33
1/3 down, 2/3 to go RazorbackExpat Mar 29 #36
A reverse Moe Howard is in order. "If you're so rich, how come you're not smart?" GreenWave Mar 29 #40
He's willing to go bankrupt. Blue Full Moon Mar 29 #43
The reason there is drought conditions throughout the country is LogDog75 Mar 29 #44
Good Yo_Mama_Been_Loggin Mar 29 #45
Yep! Chi67 Mar 29 #47
He'll never miss it dlk Mar 29 #46
I know, follow the money - BUT soldierant Mar 29 #50
apparently Musk is too dumb to realize this cadoman Mar 29 #61
This is so apt swong19104 Mar 29 #54
So fucking true edhopper Mar 29 #57
FAFO Joinfortmill Mar 29 #55
Tax the rich via the stock dividends. cstanleytech Mar 29 #59
Stock dividends are taxable income onenote Mar 29 #62
It's a good start. We have more work to do! CaptainTruth Mar 29 #63
That's not nearly enough. dchill Mar 29 #64
"Musk has lost almost a third of his Net Worth" Aussie105 Mar 29 #65
KEEP IT UP Blue Owl Mar 30 #67
Evil Money Hoarders proud patriot Mar 30 #68
Aww... 2naSalit Mar 30 #70
He'll never miss it. nt Raine Mar 30 #71
I saw "Musk has lost almost a third" and smiled misanthrope Mar 30 #72
His shares in Tesla were worth $200.68B on 12/18/24 when it hit $488.54. Not sure where all the Bengus81 Mar 30 #78
Good I hope he loses the rest nt doc03 Mar 30 #79
that's why he's raiding social security New Breed Leader Mar 30 #80
Maybe Don & Melania can put him up in the Top Secret residing room. Ping Tung Mar 30 #81
Tim Walz has offered Elon a deal-he will stop joking about Tesla stock price if elon keeps his hands off Social Security LetMyPeopleVote Mar 31 #82
Latest Discussions»General Discussion»Musk has lost almost a th...»Reply #19