Breaking News
Quotes
All Instrument Types
  • All Instrument Types
  • Indices
  • Equities
  • ETFs
  • Funds
  • Commodities
  • Currencies
  • Crypto
  • Bonds
  • Certificates

Please try another search

Search website for: 
Popular News
More
Popular Analysis
More
More
/Free Sign Up
 Investing Pro 0
Free Webinar - Crude Oil Trading 2023 | Thursday, February 9, 2023 | 01:00PM PST Enroll Now

Musk: will keep funding Starlink for Ukraine, cites need for 'good deeds'

Stock Markets Oct 16, 2022 03:15PM ET
32
Saved. See Saved Items.
This article has already been saved in your Saved Items
 
© Reuters. FILE PHOTO: SpaceX founder and Tesla CEO Elon Musk speaks on a screen during the Mobile World Congress (MWC) in Barcelona, Spain, June 29, 2021. REUTERS/Nacho Doce

(Reuters) - Elon Musk said on Saturday his rocket company SpaceX would continue to fund its Starlink internet service in Ukraine, citing the need for "good deeds," a day after he said it could no longer afford to do so.

Musk tweeted: "the hell with it … even though starlink is still losing money & other companies are getting billions of taxpayer $, we'll just keep funding ukraine govt for free".

Musk said on Friday that SpaceX could not indefinitely fund Starlink in Ukraine. The service has helped civilians and military stay online during the war with Russia.

Although it was not immediately clear whether Musk's change of mind was genuine, he later appeared to indicate it was. When a Twitter user told Musk "No good deed goes unpunished", he replied "Even so, we should still do good deeds".

The billionaire has been in online fights with Ukrainian officials over a peace plan he put forward which Ukraine says is too generous to Russia.

He had made his Friday remarks about funding after a media report that SpaceX had asked the Pentagon to pay for the donations of Starlink.

SpaceX did not respond to a request for comment. The Pentagon declined to comment.

Musk: will keep funding Starlink for Ukraine, cites need for 'good deeds'
32
 
Comments (32)
32

Related Articles

Add a Comment

Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

I Agree
Write your thoughts here
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Comments (12)
Stephen Fa
Stephen Fa Oct 16, 2022 9:24PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
That's F_ U_ money and thinking. Love it. True virtue, no signal.
Reply
1 2
Report
Benjamin USA
Benjamin USA Oct 16, 2022 9:24PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
More like his comments threatening his brand.
Reply
0 0
Report
Todd Carlisle
Todd Carlisle Oct 16, 2022 6:09PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Wow. You all seriously need to get control of these spam comments. Or just get rid of the comment section all together.. Every article is followed by the same spam trash in the comments.
Reply
1 0
Report
Samuel Ajobo
Samuel Ajobo Oct 16, 2022 5:27PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Nahh he has been warned. You don’t you see your stock price at 100-150 fast
Reply
0 0
Report
jason xx
jason xx Oct 16, 2022 3:23PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
Good for him hes doing the right thing
Reply
1 3
Report
Phil Davis
Phil Davis Oct 16, 2022 3:23PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
you think so? who knows I'm this environment. he could be using to the advantage of one side or the other.
Reply
0 0
Report
jason xx
jason xx Oct 16, 2022 3:23PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
One side or the other? They are not equal Ukraine is the only acceptable side
Reply
0 0
Report
gab nea
gab nea Oct 16, 2022 8:31AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
a good deed is when you marry at least one of all your babies mamas!
Reply
1 0
Report
gab nea
gab nea Oct 16, 2022 8:09AM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
oh my god, my head is spinning from the king of pump and dump flip flopping! my lil sister make better decisions than this guy!
Reply
2 0
Report
Maximus Maximus
Maximus Maximus Oct 15, 2022 9:44PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
good to see he overcame his ego and returned to common sense👍
Reply
1 0
Report
Harry Dent
Harry Dent Oct 15, 2022 7:48PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
bs lol. Tesla is also getting billions of taxpayers money from the new EV deal. they are direct benefits
Reply
2 0
Report
Brad Albright
Brad Albright Oct 15, 2022 3:56PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
This is his decision until his next bong hit.
Reply
1 1
Report
BD
BD Oct 15, 2022 3:41PM ET
Save
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Block User
The cost to SpaceX is pocket change for Musk. Bill Gates and Warren Buffett spend magnitudes of order more on charity. I'm beginning to think Putin's gotten to Musk somehow.
Reply
2 1
Report
 
Are you sure you want to delete this chart?
Delete Cancel
 
Post
 
Replace the attached chart with a new chart ?
Replace Cancel
1000
Comment Guidelines
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Cancel Attach
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Confirm Block Cancel
Ok
Report this comment

I feel that this comment is:

Submit
Comment flagged

Thank You!

Your report has been sent to our moderators for review
Close
Continue with Google
or
Sign up with Email