In the credit derivatives market, the cost of protecting Broadcom Inc.'s debt against default for five years rose by about 10 basis points to 175.4 basis points a year
Musk, in a post on X, attributed the successful debt raise to the company's investment-grade status and revenue from its Starlink satellite internet and launch businesses
Ukraine's access to Starlink and Starshield satellite links has been restored to the speeds it had before restrictions that disrupted front-line operations for more than a week, Ukrainian President Volodymyr Zelenskyy said on Saturday. "The speeds are now where they need to be," Zelenskyy wrote on X, adding that restoration began overnight and were sufficient by Saturday morning, improving front-line logistics and defence against Russian jet-powered Shahed drones. Musk admits he was behind Starlink's speed restriction After Ukraine said the services had been restored, Elon Musk spoke out on the speed restrictions that began last week. In a post on Saturday on X, Musk acknowledged that his company, SpaceX, throttled the Starlink satellite internet service. "Using Starlink, a civilian commercial service, for offensive drone strikes to kill people has never been allowed, nor should it be," Musk wrote. "Ukraine military violated Starlink terms of service and used it for offensive drone
Recent efforts to throttle Ukraine's access to satellite systems have created a blame game of sorts among Trump administration officials and their allies, who have offered mixed messages about what led to the sudden restrictions on Kyiv's ability to intercept Russian strikes. The limitations placed on Starshield -- SpaceX's military-grade version of the Starlink satellite internet service and the backbone of Ukraine's drone operations and communication -- last week alarmed the country's military and government officials, with commanders reporting lost drones and disrupted missions. After days of handwringing, President Donald Trump asserted on Thursday that the service is again running at full speed. The episode and subsequent lack of accountability have sent shock waves through Russia hawks and Ukraine's allies on Capitol Hill. Questions have percolated since last week about who ordered the interruptions to the Elon Musk-made satellite internet system that Ukraine has relied on for
Tesla cut its annual capital expenditure plan to around $20 billion from over $25 billion, raising concerns about delays in Elon Musk's AI, robotaxi and humanoid robotics ambitions.
Elon Musk has backed a potential $3.5 trillion merger of SpaceX and Tesla, aiming to combine their AI, robotics, satellite and energy businesses, though regulatory and governance risks remain.
Elon Musk backed the idea of a Tesla-SpaceX merger during SpaceX's earnings call, citing potential cooperation in chip design, robotics, artificial intelligence and connectivit
Ukraine uses Starlink for battlefield communications and drone operations. Restricting the satellite service hampered the country's attack and air defence drone missions against Russia
It's not clear how such share contributions would work, and Musk did not elaborate on his donation plans
Graham Seamans, who led xAI's sales team since August 2025, joins OpenAI's cyber team as the ChatGPT maker expands enterprise sales and explores new revenue streams ahead of a potential public listing
The statement pushes back against Ukrainian President Zelenskyy's claim that Trump and Elon Musk restricted access to the satellite technology, affecting Ukraine's ability to intercept Russian drones
Ukraine's military operations were disrupted by sudden Starlink restrictions, raising concerns over foreign control of satellite connectivity and national security risks
Starlink says its India network is ready, but security clearance, foreign-investment approval and spectrum allocation are still pending. Here’s why Elon Musk’s satellite internet service hasn’t launch
SpaceX's spectrum acquisition could help it challenge major US carriers, but building a nationwide mobile network will require billions of dollars and more Starship launches
India could and should challenge Musk's monopoly in space-based communications: Ex-NITI Aayog V-C
Tech trillionaire Elon Musk has said Starlink's pricing in India would have to be made affordable, since no one would buy it if it were too expensive, and argued that competition would give consumers more choice. Musk's comments on X, part of a larger post, come as Jio Platforms, the digital arm of Reliance Industries, counts down to what is expected to be India's biggest public offering. "The reality is that competition would greatly benefit the average citizen in India by giving them more choices, as it always does. Ambani's profits will be lower, but he is not going out of business," Musk said. Musk added: "And, obviously, if Starlink is too expensive in India, no one will buy it, so SpaceX will need to make pricing affordable." In the same post, Musk renewed his attack on Mukesh Ambani over Starlink's entry into India, accusing the billionaire's supporters of indulging in "absurd hypocrisy and hyperbole" in arguing simultaneously that his satellite internet service cannot compe
Cheap data is the playbook that built Jio in India, and the one Musk has used in markets like Kenya to unsettle local telecom players
Musk is preparing to build a Terrafab factory in Grimes, Texas, via a joint venture between his companies Tesla and SpaceX alongside Intel Corp., with an initial investment of more than $15 billion
Elon Musk on Sunday renewed his attack on Mukesh Ambani over Starlink's entry into India, accusing the billionaire's supporters of indulging in "absurd hypocrisy and hyperbole" in arguing simultaneously that his satellite internet service cannot compete with "amazing low prices offered by Ambani's de facto monopoly in India", even as they claimed - in the same breath - that it poses a strong competitive threat. In a post on X, Musk said competition from Starlink would benefit ordinary Indians by expanding consumer choice, and that while it could lower Ambani's profits "he is not going out of business". Musk also said that if, indeed, Starlink's services were too expensive in India, consumers would not buy them, forcing the company to make its pricing affordable. The "ridiculous arguments" by Ambani's internet supporters "make no sense", he said. "On the one hand, they say Starlink couldn't possibly compete with the amazing low prices offered by Ambani's de facto monopoly in India an
Musk accused Ambani of seeking to protect his monopoly and urged him to allow Starlink to compete, saying satellite internet could improve access to education and markets