Musk Says SpaceX Losing $20 Million a Month on Starlink Internet in Ukraine

[Epoch-Times-Bot]

Musk Says SpaceX Losing $20 Million a Month on Starlink Internet in Ukraine

Billionaire tech mogul Elon Musk said that SpaceX is losing around $20 million a month on providing its Starlink satellite internet to Ukraine, while the Pentagon confirmed it has not paid the company any money for the service.
Musk said in an Oct. 19 post on Twitter that his rocket company is losing approximately $20 million a month from unpaid service and costs related to security measures for cyberwar defense but added that “we’ll keep doing it (sigh).”
“No money from DoD, but several other countries, orgs & individuals are paying for ~11k/25k terminals,” Musk said.
The Pentagon confirmed on Tuesday that it had not paid SpaceX anything for providing Ukraine with the Starlink service, which has reportedly been an important factor in maintaining communications by the Ukrainian military as it battles Russian forces....

Source: Musk Says SpaceX Losing $20 Million a Month on Starlink Internet in Ukraine

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