Elon Musk Considers Indonesia Trip to Explore Possible Investments


Elon Musk, the world’s richest individual, is contemplating a go to to Indonesia to discover funding alternatives within the resource-rich Southeast Asia nation.

Elon Musk, the world’s richest individual, is contemplating a go to to Indonesia to discover funding alternatives within the resource-rich Southeast Asia nation.

The chief government officer of Tesla Inc. and SpaceX met with Indonesian President Joko Widodo on the rocket producer’s web site in Boca Chica, Texas, on Saturday, throughout which Widodo prolonged an invitation. “Hopefully in November, thank you for the invitation,” Musk mentioned, based on an announcement launched by Widodo’s workplace.

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Indonesia, dwelling to a few of the world’s largest deposits of copper, nickel and tin, touts its abundance of pure assets to lure billions of {dollars} of international buyers’ cash.

The authorities has held talks on potential partnerships with Musk’s groups over the past a number of years, together with on the event of electrical autos with Tesla and on the potential of a SpaceX rocket launch web site within the nation, however no agreements have been reached.

Musk is presently in a $44 billion takeover bid for Twitter Inc., although that transaction has grow to be clouded in uncertainty as he mentioned on Friday his supply was “temporarily on hold” after which maintained he’s “still committed” to the deal.





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