Wealthy Chinese investors are quietly investing millions of dollars in Elon Musk's private companies including SpaceX (SPACE), xAI, and Neuralink, the Financial Times reported after speaking to China-based asset managers.

Three Chinese-backed asset managers revealed that they have collectively sold over $30 million worth of shares in SpaceX, xAI, and Neuralink over the past two years. These three companies, all under Musk’s leadership, are at the forefront of technological advancements in space exploration, artificial intelligence, and neuroscience.

Wealthy Chinese investors secretly funnel millions of dollars into private companies owned by Elon Musk, using complex financial structures