Federal authorities have no plans to open an investigation into Elon Musk’s purchase of Twitter with help from foreign investors, according to two people aware of the matter, despite concerns from President Biden and the demands of a top Democratic senator worried about the social network’s international financial backers.
Musk’s purchase of the site had drawn scrutiny after reports that the deal provided special privileges to large foreign investors, including a Saudi prince’s holding company and a cryptocurrency exchange founded in China.
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