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28 to close the deal or the paused trial over the deal is back on.
3 that he intended to move forward with his acquisition of the company at $54.20 a share - after a high-profile walk-away in July - and the two sides have until Oct. These Ukraine developments, as well as new Starlink deployments in Florida in the wake of Hurricane Ian, have, of course, transpired against the backdrop of Musk’s ongoing Twitter M&A saga. Reported Starlink service disruptions in particularly sensitive regions of Ukraine further raised eyebrows in light of increasing perceived alignment between Musk’s statements and Kremlin talking points. government has already spent millions to provide Starlink terminals to Ukraine, according to the Washington Post, in apparent contradiction of Musk and company’s claims.
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Musk, putatively the world’s richest person, addressed the Starlink service in Ukraine in a series of tweets shared early Friday,ĬNN reported that Musk has recently informed the Pentagon that SpaceX cannot fund Starlink services in Ukraine for much longer and recently, according to CNN, asked the Pentagon to pay for the Ukrainian government’s use of Starlink, which SpaceX contends could cost about $400 million over the next year. Tett reported that there are currently some 25,000 Starlink units in Ukraine.
Musk further has stated of late that Starlink is intended for civilian, not military, use - even as, according to reporting by Gillian Tett of the Financial Times, the NATO military alliance is an increasingly lucrative target market for the SpaceX offering. When Michael needs help, Sam and Jesse head down to the Domincan Republic while Fiona helps Madeline deal with. Musk claimed SpaceX cannot fund the Ukraine system “indefinitely,” claiming the total monthly bottom-line cost of the operation is some $20 million, with funding sources unclear and some reporting on the matter seemingly in conflict. At the same time, she said, the U.S., Ukraine and allies are also “assessing our options” with other communications companies. “We are engaged in talking with SpaceX,” the space exploration company owned by Musk, Defense Department spokeswoman Sabrina Singh told reporters on Friday. is also looking into other options, Bloomberg reported. In the aftermath of the Russian invasion of Ukraine in late February, SpaceX transferred Starlink terminals, the satellite-powered distributed internet service operated by SpaceX, in part to help keep Ukraine’s military defend itself against the invasion by its nuclear-armed and territorially ambitious neighbor.Īlso on Friday the Pentagon confirmed it’s talking with Musk but pointedly added that the U.S.
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