HomeBusinessSpaceX is losing $20 million/month on Starlink in Ukraine: Elon Musk

SpaceX is losing $20 million/month on Starlink in Ukraine: Elon Musk

Published on

spot_img
  • Billionaire Elon Musk said on Tuesday that the US Department of Defense has not funded SpaceX’s Starlink services, despite reports that the Pentagon is considering paying for the Starlink satellite network in war-torn Ukraine.
  • SpaceX is losing approximately $20 million per month due to unpaid service and costs associated with cyberwar defence security measures, but “we’ll keep doing it (sigh),” Musk tweeted.

Latest articles

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...

CarDekho acquires Revv to enter car rental space

CarDekho, an autotech unicorn, acquired Revv, a self-drive car rental service. Revv's services will be...

More like this

Adani Group plans $84 billion in the next 10 years : CFO

Adani Group plans to invest Rs 7 trillion ($84 billion) in infrastructure over the...

Indian banks set 10-year record with 123,000 hirings in FY23

Indian banks experienced a notable surge in hiring during FY23, reaching a decade-high in...

Ahead of IPO, Mamaearth sold excess stock of its products to distributors

Honasa Consumer, the parent company of Mamaearth, distributed excess stock through its offline supply...