Chinese investors own stakes in SpaceX, raising national security concerns

Business Oct 04, 2025

Iqbaljit Kahlon, an investment intermediary with close ties to SpaceX, has confirmed in a 2025 court case that Chinese investors directly own stakes in the company.
This is the first time such foreign ownership has been openly acknowledged.
Since SpaceX handles sensitive US government missions, the news is raising questions about national security—even though these investments are legal and regulated.

Kahlon tried to raise $50 million from Shanghai-based firm in 2021

Kahlon manages funds for wealthy international clients and has worked closely with SpaceX leadership.
Back in 2021, he tried to raise $50 million from a Shanghai-based firm by offering internal updates and executive access, but SpaceX canceled the deal after it became public.