
Putin Calls Musk 'Truly a Genius,' Says They Are in 'Close Contact' on Russia's Starlink Rival
Putin said he and Musk are in "close contact" about Rassvet, Russia's Starlink-like satellite connectivity project.
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Putin said he and Musk are in "close contact" about Rassvet, Russia's Starlink-like satellite connectivity project.
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Elon Musk reportedly ordered SpaceX to throttle Ukraine's Starlink access.
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The investment will provide a much needed financial boost as the company seeks to cut costs and lift its stock price.
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Tesla's revenue was flat and its expenses surged as it accelerated spending on Optimus robots, AI and autonomous driving.
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Elon Musk likes the idea but says he is not on either committee, which is made up of independent directors.
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That's more than $10 billion in shares, or around 1% of Musk's current net worth.
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