TOKYO -- SoftBank Group on Wednesday defended its participation in the $500 billion Stargate investment program in the U.S., saying the financial burden on the company will be limited, even as Elon Musk questioned the project's viability.
"It's not like we will spend tens of trillions of yen of our own assets or cash," Yoshimitsu Goto, chief financial officer of the Japanese company, said in a press conference. "We are forming projects, and those projects will be handled by participating lenders and equity investors."
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