Following a Bloomberg report that suggested that the Joe Biden administration was discussing whether Elon Musk’s businesses need to be taken through national security reviews or not earlier in October, the White House has now denied it.
“Those reportings are not true … The national security review – that is not true,”.the 48-year-old said in a press briefing on Monday, October 24.
Jean-Pierre was also asked about the Biden administration’s present relationship with Elon Musk, as well as his business deals with several other nations. However, the White House press secretary did not make any comments on it.
As per the Bloomberg report, the discussions would have put Musk’s deal to buy Twitter and SpaceX’s Starlink network in the national security reviews. However, it also mentioned that discussions were in the early stages.
Elon Musk recently announced that he will be stopping Starlink’s internet coverage in Ukraine, which he said was not financially viable for the company. The decision was taken as a Russia-friendly stance by the United States, following a string of tweets by Musk which called for peace in the ongoing Ukraine war with terms friendly to Russia and Vladimir Putin.
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The Bloomberg report also stated that the Biden administration as well as intelligence officials were looking for tools which would allow the federal government to review Elon Musk’s businesses. It also mentioned that one of the possibilities available to the US government is by using the law that governs the Committee on Foreign Investment in the country.
The panel is also known as CFIUS and comes under the jurisdiction of the Department of Justice. The committee is used to review purchases of US businesses by overseas buyers.