The ways it set up its board and Mr. Musk’s pay appear to benefit him at the expense of other shareholders, corporate governance experts said.
Category: Starlink Satellite Constellation (SpaceX)
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Amazon Buys Globalstar for $10.8 Billion, Movingto Expand Its Satellite Internet Service
The e-commerce giant is buying Globalstar, a satellite communications company, as it aims to expand its own satellite internet service to compete with Elon Musk’s Starlink.
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Elon Musk’s SpaceX Files to Go Public, Setting Stage for Huge I.P.O.
An initial public offering of Elon Musk’s rocket and satellite company would most likely be a generational wealth event and one of the largest offerings ever.
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Elon Musk Joins in Phone Call Between Donald Trump and Narendra Modi
Mr. Musk’s participation was notable because it is rare for a private citizen to be on a call between heads of state. It also suggests that Mr. Musk is back on better terms with the president.
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Elon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the investment just before xAI was acquired by SpaceX, Mr. Musk’s rocket company.
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Iran Turns to Digital Surveillance Tools to Track Down Protesters
As Iranian authorities restore some online services after crushing antigovernment demonstrations, they are using a technological dragnet to target attendees of the protests.
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How Activists in Iran Are Using Starlink to Stay Online
Activists spent years preparing for a communications blackout in Iran, smuggling in Starlink satellite internet systems and making digital shutdowns harder for the authorities to enforce.
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Starlink Users in Iran Get Free Internet Access, Nonprofit Says
Under a near-total communications blackout, users of Elon Musk’s satellite service have gotten online without paying, an organization that works on web access said.
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SpaceX’s Next Big Launch Could Be an I.P.O.
Elon Musk’s rocket and satellite giant is already planning a stock sale at an $800 billion valuation. Going public could put it in the trillion-dollar club.
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Elon Musk’s SpaceX Valued at $800 Billion, as It Prepares to Go Public
A sale of insider shares at $421 a share would make Mr. Musk’s rocket company the most valuable private company in the world, as it readies for a possible initial public offering next year.
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Elon Musk’s SpaceX Most Likely Doesn’t Pay Taxes
Elon Musk’s rocket company relies on federal contracts, but years of losses have most likely let it avoid paying federal income taxes, according to internal company documents.