{
}
Elon Musk is reported to have maintained close contact with Vladimir Putin since late 2022, discussing geopolitical and personal matters, according to the Wall Street Journal. The Kremlin has denied these claims, labeling them as false. Notably, Musk allegedly declined a Ukrainian request to activate Starlink in Crimea to avoid escalating tensions.
Musk has reportedly been in secret contact with Putin since 2022, influencing both politics and technology through his platforms. His Starlink service initially aided Ukraine during the invasion but later faced criticism for restricting military use and allegedly being utilized by Russian forces. Despite the revelations, U.S. officials remain largely unaware of Musk's Kremlin connections.
The Cabinet has approved a ₹1,000 crore venture capital fund aimed at boosting startups in the space sector. This initiative is expected to accelerate the growth of India's private space industry and foster advancements in space technology.
Tesla investors are increasingly concerned about CEO Elon Musk's political activities, particularly his support for Donald Trump, which some believe may be harming the company's sales and brand integrity. Questions have arisen regarding the board's role in mitigating potential impacts on shareholder value, as Musk's political commentary has reportedly affected delivery numbers. Meanwhile, Tesla's brand value has declined, and shares are down 14% this year, reflecting broader market challenges and Musk's controversial engagement in politics.
Tesla is set to report its third-quarter earnings, with analysts expecting earnings per share of 58 cents and revenue of $25.37 billion. Despite a 6% year-over-year increase in vehicle deliveries to 462,890, the figures fell short of expectations, prompting concerns over margins due to ongoing discounts. CEO Elon Musk's political activism and the competitive landscape, particularly from Chinese automakers and U.S. legacy manufacturers, add to investor uncertainty, as Tesla's stock has declined 13% this year. Shareholders are eager for updates on robotaxi development and the Cybertruck's performance amid quality issues.
SpaceX successfully launched 20 spare OneWeb satellites on October 20 to enhance Eutelsat's low Earth orbit (LEO) broadband network. With this launch, Eutelsat now has 654 satellites in orbit, aiming to begin global services in the spring despite ground infrastructure delays. The Falcon 9 rocket's first-stage booster landed successfully, marking SpaceX's 357th recovery of an orbital-class booster.
At the International Astronautical Congress, SpaceX's recent Starship flight showcased significant advancements in rocket reusability, crucial for upcoming missions like NASA's Artemis 3. While the success was celebrated, it raised concerns among European space agencies about their competitive edge in the evolving space economy. European leaders acknowledged the need for strategic positioning and investment to keep pace with developments driven by SpaceX's innovations.
SpaceX has secured $733.5 million in contracts for nine launches under the National Security Space Launch (NSSL) Phase 3 Lane 1 program, which includes seven missions for the Space Development Agency and two for the National Reconnaissance Office, set for late 2025 and 2026. The NSSL Phase 3 Lane 1 program, valued at an estimated $5.6 billion over five years, aims to expedite launch services for risk-tolerant payloads, enhancing military communications and intelligence capabilities. At least 30 missions are projected during the initial five-year period, with opportunities for emerging launch providers to participate.
Intelsat and Softbank are advancing toward a universal 5G broadband terminal that integrates satellite and terrestrial communications for global connectivity. This initiative follows the approval of Ku-band satellite spectrum for 5G standards and aims to provide seamless service across various markets, including automotive and military. While full standardization may take a few years, Intelsat hints at potential hybrid solutions that could be deployed as early as next year.
Fidelity Investments has launched its first venture capital fund, raising $250 million to invest in mid- to late-stage private companies, particularly in North American technology, media, and telecommunications. Despite managing only $18 billion in private companies, Fidelity aims to provide direct access to these investments, having already allocated $31 million to ten firms, including SpaceX and Anduril. Portfolio manager Karin Fronczke emphasizes that while this is a first-time fund, Fidelity has over 15 years of experience in private investments.
SpaceX
Companies
The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
Elon Musk reportedly maintains close ties with Vladimir Putin since 2022
United States Dollar
Tesla, Inc.
SpaceX
TWN
UKR
USA
RUS
Dmitry Peskov
Elon Musk
Donald Trump
Xi Jinping
Vladimir Putin
Show more
15:24 25.10.2024
musk's secret communications with putin raise concerns amid ongoing conflict
United States Dollar
SpaceX
USA
Volodymyr Zelenskyy
Vladimir Putin
Dmitry Peskov
Elon Musk
Show more
10:26 25.10.2024
India approves 1000 crore fund to boost space sector startups
12:28 24.10.2024
investors question musk on political activism and its impact on tesla
United States Dollar
BMW Bank GmbH
Samsung
Toyota Auto Body CO Ltd.
Tesla, Inc.
SpaceX
Beyond Air, Inc.
Mercedes-Benz Group AG
Microsoft Corporation
Google Inc.
The Boring Co
Neuralink
Apple Inc.
Amazon.com, Inc.
United States Steel Corporation
USA
Gene Munster
Donald Trump
Gonzalo Brujo
Elon Musk
Show more
21:29 23.10.2024
tesla prepares for third quarter earnings amid competitive pressures and investor concerns
United States Dollar
Geely
Li Auto Inc.
Tesla, Inc.
Ford Motor Company
SpaceX
BYD Co. Ltd.
General Motors Company
NIO Inc.
USA
CHN
Donald Trump
Elon Musk
Show more
18:00 23.10.2024
spacex launches 20 oneweb satellites to enhance broadband network resilience
United States Dollar
Eutelsat Group
Airbus U.S. Space & Defense
SpaceX
OneWeb
USA
Elon Musk
Donald Trump
Katie Dowd
Show more
21:04 20.10.2024
spacex starship flight sparks global reactions at international astronautical congress
United States Dollar
SpaceX
Rocket Factory Augsburg AG
USA
Bill Nelson
S. Somanath
Josef Aschbacher
Show more
00:19 20.10.2024
SpaceX awarded 733.5 million for national security space missions contracts
United States Dollar
Rocket Lab USA, Inc.
United Launch Alliance (ULA)
SpaceX
Blue Origin
USA
Kristin Panzenhagen
Show more
22:14 18.10.2024
universal 5G broadband terminal aims for seamless global connectivity solutions
United States Dollar
3GPP
SpaceX
Viasat, Inc.
SoftBank Corp.
Globalstar, Inc.
Intelsat
JPN
Joe Biden
Ken Takagi
Elon Musk
Apple
Show more
14:00 18.10.2024
fidelity launches first venture capital fund raising 250 million dollars
United States Dollar
SpaceX
Facebook Inc.
CervoMed Inc.
Spotify AB
ByteDance
USA
Elon Musk
Karin Fronczke
Anduril
CoreWeave
CRV
Show more
15:52 04.10.2024
Trending
Subcategory
Stock Market Updates
Corporate News
Industry Trends
Finance Mergers & Acquisitions
Hedge Funds & Private Equity
Global Trade Developments
Global Financial Events
Market Analysis and Predictions
Financial Scams and Security
Government Policies
Banking Regulations
Startups & Entrepreneurship
CEO Changes
Economic Sanctions
Retail and Consumer Goods
Industry Mergers & Acquisitions
Central Bank Actions
Workplace Trends
International Relations
Government Economic Policies
Countries:
Companies:
JPMorgan Chase & Co.
Tesla, Inc.
The Goldman Sachs Group, Inc.
Wells Fargo & Company
Apple Inc.
Bank of America Corporation
Barclays PLC
Citigroup Inc.
Morgan Stanley
Berkshire Hathaway Inc.
Microsoft Corporation
SpaceXCoin USD
The Charles Schwab Corporation
AMERICAN EXPRESS
Amazon.com, Inc.
U.S. Bancorp
UBS Group AG
Banco Santander, S.A.
Deutsche Bank Money Market PP
Google Inc.
Currencies:
United States Dollar
Euro
Indian Rupee
Chinese Yuan
Japanese Yen
British Pound Sterling
South Korean Won
Swiss Franc
United Arab Emirates Dirham
Canadian Dollar
Israeli New Shekel
Swedish Krona
Mexican Peso
New Taiwan Dollar
Egyptian Pound
People: