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

Stock Markets Oct 16, 2022 03:15PM ET
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© 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'
 

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Comments (12)
Stephen Fa
Stephen Fa Oct 16, 2022 9:24PM ET
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That's F_ U_ money and thinking. Love it. True virtue, no signal.
Benjamin USA
Benjamin USA Oct 16, 2022 9:24PM ET
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More like his comments threatening his brand.
Todd Carlisle
Todd Carlisle Oct 16, 2022 6:09PM ET
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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.
Samuel Ajobo
Samuel Ajobo Oct 16, 2022 5:27PM ET
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Nahh he has been warned. You don’t you see your stock price at 100-150 fast
jason xx
jason xx Oct 16, 2022 3:23PM ET
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Good for him hes doing the right thing
Phil Davis
Phil Davis Oct 16, 2022 3:23PM ET
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you think so? who knows I'm this environment. he could be using to the advantage of one side or the other.
jason xx
jason xx Oct 16, 2022 3:23PM ET
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One side or the other? They are not equal Ukraine is the only acceptable side
gab nea
gab nea Oct 16, 2022 8:31AM ET
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a good deed is when you marry at least one of all your babies mamas!
gab nea
gab nea Oct 16, 2022 8:09AM ET
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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!
Maximus Maximus
Maximus Maximus Oct 15, 2022 9:44PM ET
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good to see he overcame his ego and returned to common sense👍
Harry Dent
Harry Dent Oct 15, 2022 7:48PM ET
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bs lol. Tesla is also getting billions of taxpayers money from the new EV deal. they are direct benefits
Brad Albright
Brad Albright Oct 15, 2022 3:56PM ET
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This is his decision until his next bong hit.
BD
BD Oct 15, 2022 3:41PM ET
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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.
 
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