According to what was reported, Trump’s pressure opens the wrapping of the global doors to wear Elon Musk at a time when nations rush to show “good intentions” – Tesla (Nasdaq: TSLA)
It is said that countries facing US definitions are increasingly granted licenses and approvals Elon Musk’s Starlink Satellite Internet arm Spacex As part of the efforts made to soften trade relations with Donald Trump administration.
What happened: For example, a few weeks after Trump’s announcement of a 50 % tariff for goods from Lesoto, the small African nation agreed to the satellite Internet license in Starlink at all, which is scheduled to last 10 years, I mentioned Washington Post.
According to the interior Ministry of Foreign Affairs cables, Lesoto hopes to “prove fame and intent to welcome American business” while negotiating commercial deals.
Lisuto alone. Countries like India, Cambodia, Somalia, Bangladesh, Pakistan, Vietnam, and the Democratic Republic of the Congo, have also taken movements to accommodate Starlink, often during or after trade talks.
See also: While Elon Musk’s Spacex adds 28 stars, and the research boxes of the deorbiting climate effect
In India, two sources familiar with the published order said that Starlink’s approvals have been partially reversed because local officials believe will help to consolidate a broader trade deal with Washington.
While the United States government has not explicitly required organizational preferences to Starlink in exchange for low definitions, the cables show that the Foreign Minister Marco Rubio The report added that diplomats all over the world to defend American satellite companies, with Starlink often.
This is part of the administration’s efforts to confront Chinese and Russian communications providers.
“The only consideration in the Trump administration’s commercial negotiations with other countries is the best for the American people – which includes successful American companies at home and abroad,” said Kush Disai Publishing Publishing spokesman. “President Trump will not tolerate any conflict of interests, and every administrative official follows ethical guidelines determined by their agencies.”
Why is this important: Musk contributed 277 million dollars to the Trump campaign and other Republican candidates during the last year.
the Tesla Inc. Timing The CEO also holds a position in the administration and supervises the service of government efficiency, although he indicated plans to retract the daily role of the administration.
Starlink reached 5 million customers as of March. Starlink’s explosive growth played a major role in pushing the Spacex rating to an estimated $ 350 billion as of December 2024, making it the most valuable company in the world.
Despite this increase, some industrial analysts remain cautious, and they wonder if the company’s high evaluation of the sky can continue in the long run.
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Photo courtesy: Roshlin on Shutterstock.com
Disintegration: This content was partially produced with the help of artificial intelligence tools and was reviewed and published by Beenzinga editors.
