'Pentagon Awards SpaceX With Ukraine Contract For Starlink Satellite Internet' - CNBC
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The Pentagon has agreed to purchase Starlink satellite internet terminals from SpaceX for use in Ukraine. The contract details, including price, scope, and timeline, have not been disclosed. Starlink is SpaceX's global network of over 4,000 satellites, providing service to more than 50 countries.
June 01, 2023 | 5:06 pm
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SpaceX, led by Elon Musk, has been awarded a Pentagon contract for Starlink satellite internet terminals for use in Ukraine. The contract details remain undisclosed.
The Pentagon contract for Starlink satellite internet terminals is a positive development for SpaceX, which is led by Elon Musk, who is also the CEO of Tesla (TSLA). This contract could potentially boost SpaceX's revenue and reputation, indirectly benefiting Tesla as well. The undisclosed contract details make it difficult to quantify the exact impact, but the overall sentiment is positive.
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