Member-only story
Musk and Russian Technological Edge…
So, as I was doing my due diligence this morning, this piece from the Moscow Times immediately jumped at me. There are so many questions. Let’s start with favors owed. Nobody lends that amount of cash, hoping it becomes a profitable investment. So what was promised? We will likely never know, but given the power of SpaceX, I have a few good guesses.
The other implied investment, Donald Trump, may or may not be good. However, the looting of the US has begun, which will weaken us. It was a good one, after all.
The other obvious question is, what was Musk thinking when doing business with a man who would get sanctioned sooner or later? Oh, so many questions. However, consequences are for peasants in both countries:
Senator Suleiman Kerimov Loses $3.5 Billion Stake in Elon Musk’s SpaceX Due to Sanctions
Billionaire Senator Suleiman Kerimov held at least 1% of Elon Musk’s SpaceX through a trust even after the U.S. imposed sanctions on him in 2018 for aiding Vladimir Putin’s policies, four people, including two former senior U.S. national security officials, told Bloomberg.
Today, that stake, which Kerimov eventually lost, could be worth $3.5 billion. The company, whose shares are not traded on the stock exchange, is currently valued at $350 billion as a result of a December deal in…