SpaceX has revised the risk disclosures in a tender offer circulated to shareholders on 22 July, warning that Chief Executive Officer Elon Musk may re-engage in U.S. politics. The notice says any renewed political activity could divert Musk’s time and attention away from running the private rocket company. It is the first time the possibility of Musk returning to politics has appeared in SpaceX tender documents, according to materials reviewed by investors. The reference comes barely six months after Musk assured Tesla shareholders he would devote “seven days a week” to his corporate roles, and underscores growing concern about how his public profile could affect both companies.