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It’s not uncommon for foreigners to buy U.S. stock through a vehicle in the Cayman Islands, often to save money on taxes. But experts said it was strange for the party on the other side of a deal — the U.S. company — to prefer such an arrangement. @justinelliott.bsky.social @josh-kaplan.bsky.social

propub.liHow Elon Musk’s SpaceX Secretly Allows Investment From ChinaAs a U.S. military contractor, SpaceX sees allowing Chinese ownership as fraught. But it will allow the investment if it comes through secrecy hubs like the Cayman Islands, court records say. “It is…

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