White House Responds To Report Claiming Elon Musk Is Under National Security Review | Eastern North Carolina Now | The White House denied on Monday that Biden administration officials are considering national security reviews for business ventures led by Tesla and SpaceX CEO Elon Musk.

Coronavirus Disease 2019 (COVID-19)
    Publisher's Note: This post appears here courtesy of the The Daily Wire. The author of this post is Ben Zeisloft.

    The White House denied on Monday that Biden administration officials are considering national security reviews for business ventures led by Tesla and SpaceX CEO Elon Musk.

    A report from Bloomberg claimed last week that officials in the administration were weighing an investigation into the Starlink satellite network, a project of SpaceX which has aided Ukraine, and the pending purchase of social media platform Twitter. Citing sources familiar with the matter, the outlet said that officials view Musk's calls for a peace deal between Russia and Ukraine as a move that favors Russia.

    Shares of Twitter had fallen more than 5% on Friday morning in reaction to the news since the sources said that officials are considering a review of Musk's coordination with overseas business magnates to acquire Twitter.

    White House Press Secretary Karine Jean-Pierre, however, denied that the national security review is being considered. "Those reportings are not true," she said. "We'll leave that there. The national security review, that is not true. And I really don't have more to say on that piece."

    Musk has established an adversarial relationship with the Biden administration over the past two years. Beyond jabs against the commander-in-chief and his alleged senility on social media, the world's richest man believes Tesla has been consistently snubbed by the White House because the electric automaker is not unionized.

    After Biden assumed office and introduced the Build Back Better Act, which would have expanded federal social programs such as universal preschool, childcare subsidies, and climate change initiatives, Musk actively balked at the legislation. "I would say can this bill, don't pass it. That's my recommendation," he argued during a conference. "If this bill happens or doesn't happen, we don't think about it at all really. Honestly it might be better if the bill doesn't pass."

    The Securities and Exchange Commission (SEC) already began investigating Musk earlier this year because the billionaire allegedly failed to report acquiring more than 5% of Twitter's shares within 10 days of meeting the threshold. The agency said in a letter that officials want a response from Musk even if he does not believe that their concerns apply to his circumstances.

    Twitter had been fighting Musk in court over his attempt to cancel a previous offer to buy the company for $44 billion, a move he said was driven by concerns that executives were underestimating the actual number of fake accounts on the platform. Musk revived his efforts to purchase Twitter earlier this month.

    Beyond his concern about fake accounts, Musk has claimed there is lackluster support for free expression on Twitter. He began his shakeup campaign several months ago with a poll for his millions of followers regarding the platform's adherence to the principle of free speech.

    Musk, who announced plans to downsize the workforce at Tesla earlier this year, reportedly plans to cut headcount at the social media company from 7,500 to 2,000. When Twitter employees asked him about his plans for enabling virtual work, Musk informed them that it would be "much better if you are on location physically." He repeated concerns about costs exceeding revenues and signaled a willingness to dismiss unproductive employees. "If somebody is getting useful things done, that's great," he said. "If they aren't getting useful things done, then why are they at the company?"
Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published)
Enter Your Comment ( no code or urls allowed, text only please )




Obama Endorses North Carolina Senate Democratic Candidate Daily Wire, Guest Editorial, Editorials, Op-Ed & Politics Uh Oh: Voters Not Only Enthusiastic, They’re Angry … Very Angry, Poll Finds


HbAD0

Latest Op-Ed & Politics

A spokesman for Santa's Workshop today announced the organization's latest advance in their ongoing efforts to determine who's naughty and who's nice
Vice President Kamala Harris is spearheading a White House initiative to electrify the nation’s school buses, the administration announced Wednesday.
politization of leadership is biggest public concern
Twitter CEO Elon Musk said Monday that he will soon be releasing files on how the social media platform has engaged in suppressing free speech.
In the age of wokeness, ideological (re)education trumps mission-preparedness.
A new book alleges that after Ted Kennedy left his car and his passenger, Mary Jo Kopechne, in a pond off of Chappaquiddick Island, where Kopechne drowned, he returned to the party they had attended and told his close friends he wanted to say Kopechne was driving the car.
Hawaii’s largest active volcano began erupting Sunday night, with lava flow warnings issued to the surrounding area.
Apple CEO Tim Cook confirmed this morning that he's prepared to remove the Twitter app from the App Store but that he's waiting for orders from CCP President Xi before he makes a move.
A wave of Twitter users began impersonating government officials and major corporations after Elon Musk introduced a new scheme for verifying users on the platform.

HbAD1

In a dramatic ruling issued just days before midterm elections, the North Carolina Supreme Court upheld a lower court’s ruling and ordered the transfer of millions of dollars to pay for a school improvement plan designed to ensure North Carolina’s school children receive a sound basic education
Chest reconstruction surgeries performed on minors across the United States increased by approximately 400% during a three-year span, according to a new report.
bill would subsidize MSM, leave out conservative media
Christine McVie, the English singer-songwriter who helped launch the rock band Fleetwood Mac into international fame, has died. She was 79.
Research suggests that certain octopuses deliberately throw objects like silt, sand, and shells at other octopuses.
Balenciaga is facing a wave of online criticism after a MyPillow pillow was spotted in the background of one of the company's photo shoots for its winter collection. The CEO of MyPillow Mike Lindell is known for his strong support of Donald Trump.
Charges against the CEO of an election technology company have been dismissed after Los Angeles County prosecutors found “potential bias” in an investigation.
Twitter CEO Musk promises, 'Twitter 2.0 will be far more effective, transparent and even-handed'

HbAD2

 
Back to Top