Wealthy Chinese investors are quietly funnelling tens of millions of dollars into private companies controlled by Elon Musk using an arrangement that shields their identities from public view, according to asset managers and investors involved in the transactions.
Since Musk was named a key figure in US President Donald Trump’s drive to remake the US government, China-based asset managers have been promoting the pair’s relationship as an enticement to raise capital from rich Chinese. The…
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