Elon Musk says SpaceX can not pay for Starlink satellite services in Ukraine, urges Pentagon to step in

SpaceX CEO Elon Musk has said that his company can no longer pay for Ukraine’s critical Starlink satellite services, which have been pivotal for Kyiv amid the war with Russia. While SpaceX’s satellite donation operation in Ukraine is expected to e...

Agencies
SpaceX CEO Elon Musk has said that his company can no longer pay for Ukraine’s critical satellite services, which have been pivotal for Kyiv amid the war with Russia.
SpaceX’s Starlink satellite net terminals produced via way of means of Elon Musk's aerospace company were an important channel of communication for Ukraine`s army amid its war with Russia. These satellites were first commenced last year in spring, that played pivotal role in enhancing the Ukrainian army’s combat and live exchange of tactics especially when the cellular phones and the net had been destroyed in the conflict with Russia.

What makes Elon Musk so rich?
1/10
With a net worth of $232.40 billion as per Forbes Real Time Billionaire's list, Elon Musk is the richest person on earth


With a net worth of $232.40 billion as per Forbes Real Time Billionaire's list, Elon Musk is the richest person on earth
Elon Musk was not always the richest person on earth, with his wealth ​in 2020 being 1/10th of what it is today


Elon Musk was not always the richest person on earth, with his wealth ​in 2020 being 1/10th of what it is today
Elon Musk enjoyed his peak wealth in November 2021, when his net worth was pegged at around $340 billion, as per Bloomberg Billionaires Index


Elon Musk enjoyed his peak wealth in November 2021, when his net worth was pegged at around $340 billion, as per Bloomberg Billionaires Index
"I own 20% of a company that became very valuable," Elon Musk said while revealing the secret behind his wealth
"I own 20% of a company that became very valuable," Elon Musk said while revealing the secret behind his wealth
The company that Musk talked about is none other than Tesla, whose stocks grew over 1,100% in the past 5 years
The company that Musk talked about is none other than Tesla, whose stocks grew over 1,100% in the past 5 years
Tesla's revenue shot up from $12 billion in 2017 to $54 billion in 2021 as vehicle sales saw huge growth, attracting investors


Tesla's revenue shot up from $12 billion in 2017 to $54 billion in 2021 as vehicle sales saw huge growth, attracting investors
In 2002, Musk sold his startup PayPal to eBay and founded SpaceX with most of the proceeds of the $1.4 billion sales


In 2002, Musk sold his startup PayPal to eBay and founded SpaceX with most of the proceeds of the $1.4 billion sales
SpaceX has also contributed to his immense wealth, with Elon Musk having 44% stake in the company, as per Bloomberg


SpaceX has also contributed to his immense wealth, with Elon Musk having 44% stake in the company, as per Bloomberg
Elon Musk adds $3.3 bn wealth from his investment in The Boring Company. Another $3 bn comes from his Twitter shares


Elon Musk adds $3.3 bn wealth from his investment in The Boring Company. Another $3 bn comes from his Twitter shares


A total of 20,000 satellites of Starlink have been donated so far to Ukraine. Musk had tweeted on Friday that the operation had cost $80 million to SpaceX and would eventually cost even more than $100 million.



However, SpaceX has told Pentagon that until the US military pays anything more than 10 million dollars to 100 million dollars each month, it may discontinue funding the critical satellite operation in Ukraine.

In a letter sent last month, Musk's SpaceX notified the Pentagon that it can no longer afford to keep offering the Starlink service in the same capacity, according to papers obtained by CNN.

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Additionally, Elon Musk’s SpaceX asked that the Pentagon take on the burden of sustaining the use of Starlink by the Ukrainian military and government, which SpaceX estimates will cost $120 million or more this year and up to $400 million over the course of the next year.

FAQs


How many terminals has the US provided till now?
The UK has given 1700 terminals till now.

What is the cost of one terminal?
Each terminal costs about 1500$ to 2500$.
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