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How Elon Musk's empire has made him a problem for the Biden administration

Elon Musk's unilateral decision-making, which more often than not is opposite to the official stance of the US, has caused a headache for the Biden government, and it is difficult to shrug off

Elon Musk
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BS Web Team New Delhi
The Biden administration is worried about the second richest person on the planet, Elon Musk. Saudi Prince Alwaleed bin Talal, Binance founder and chief executive officer (CEO) Changpeng "CZ" Zhao, and Qatar's sovereign wealth fund helped finance Musk's $44 billion deal to buy Twitter, a report by Bloomberg said.

Biden's government is reportedly sceptical of his dependence on financing from West Asia for the deal may leave him vulnerable to foreign manipulation.

In response, some administrators in the Joe Biden government are mulling over subjecting the deal to review by the Committee on Foreign Investment in the US. This interagency