WASHINGTON, Oct 24 (Reuters) – Reports that the United States was considering launching a national security review of some of Elon Musk’s businesses were “false”, the White House said on Monday.
White House press secretary Karine Jean-Pierre declined to comment on the Biden administration’s relationship with Musk or its business dealings with other countries.
Asked about a Bloomberg News report last week that Biden administration officials were discussing whether some of Musk’s businesses should face national security reviews, Jean-Pierre said: ” This information is not true. … The national security review – it is not true.”
Bloomberg reported on Thursday that US officials are assessing what tools, if any, are available to allow the US government to subdue some of Musk’s businesses, including SpaceX’s Starlink satellite network and his $44 billion deal for Twitter Inc. . (TWTR.N)national security reviews.
The presence of foreign investors in Musk’s Twitter deal could trigger a review by the Committee on Foreign Investment in the United States (CFIUS), Bloomberg reported at the time.
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Reporting by Steve Holland and Andrea Shalal; Editing by Franklin Paul and Aurora Ellis
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