Musk flags silver supply (and price!) risks as China export curbs spark market concern

Elon Musk has raised concerns about silver supply risks tied to potential export restrictions from China. Social media claims suggest that from January 2026, China may require exporters to obtain licenses, effectively shutting out smaller firms. As China accounts for approximately 60-70% of global silver production, such restrictions would have immediate implications for industrial users dependent on a stable supply. Musk emphasized silver's critical role in electronics and renewable technologies. There is growing concern over price volatility due to industrial demand, particularly in electric vehicles, making the market particularly sensitive to any official announcements from Beijing in the near future.