your current location is：Home > Finance > NewsletterHomeNewsletter

　　According to the TASS news agency, Elon Musk, founder and CEO of SpaceX, confirmed on the 14th local time that his company SpaceX is unable to continue to pay the cost of running the "Starlink" project in Ukraine. .

　　Musk reportedly tweeted, "SpaceX isn't asking for past fees to be recovered, but it also can't fund existing systems indefinitely and send thousands of terminals with data usage up to 100 times the average home. It's unreasonable."

Screenshot of Musk's Twitter

　　"Exclusive: Musk's SpaceX says it can no longer pay for key satellite services in Ukraine, asking the Pentagon to pay for it." CNN published an exclusive report on this subject on the 13th, saying that although "Star Chain" Satellite terminals have played a major role in Ukraine's conflict with Russia, but the "charity project" may be coming to an end after SpaceX, which provides the service, warned the Pentagon last month that unless the U.S. military invests monthly funds, Otherwise, the company may stop funding Uzbekistan’s use of the “Star Chain” project.

On September 25, the "Starlink" equipment in Izum, Kharkiv, Ukraine Source: CNN

　　According to the report, according to a document obtained by the media, SpaceX sent a letter to the Pentagon last month, saying that it could no longer provide funding for the “Starlink” project in Ukraine as before, but asked the US military to undertake this fee. SpaceX claims the project will cost an additional $120 million in Ukraine for the rest of the year, and could cost closer to $400 million over the next 12 months.