Ukraine says Elon Musk’s Starlink has been ‘very effective’ in countering Russia

China is paying close attention

Since the start of the Russian invasion, the US and its NATO and European allies have sent Ukraine security, economic, and humanitarian aid worth tens of billions of dollars. Assistance to the embattled Ukrainians has come from the general public and private sector too. One of the most notable contributions has been that of Starlink, a satellite communication system run by Elon Musk’s SpaceX.

SpaceX says it has delivered 15,000 Starlink kits to Ukraine since late February. The devices provide the Ukrainian military with a resilient and reliable means of communication. Ukrainian troops have used them to coordinate counterattacks or call in artillery support, while Ukrainian civilians have used the system to stay in touch with loved ones inside and outside of the country.

Besieged Ukrainian troops in the plant in Mariupol Azovstal steelworks were only able to communicate with Kyiv and the world because they had a Starlink device.

https://www.businessinsider.com/

Elon Musk, CEO of Tesla and SpaceX, is Time’s Person of the Year

“He is reshaping life on Earth and possibly life off Earth, as well” 

Elon Musk, the CEO of Tesla and SpaceX, has been named Time magazine’s Person of the Year. The magazine announced that Musk, the wealthiest man in the world, as its choice Monday.

“He is reshaping life on Earth and possibly life off Earth, as well,” Edward Felsenthal, Time’s editor-in-chief, said Monday on NBC’s “TODAY” show.

Felsenthal wrote in Time’s profile of Musk: “Person of the Year is a marker of influence, and few individuals have had more influence than Musk on life on Earth, and potentially life off Earth too.”

“In 2021, Musk emerged not just as the world’s richest person but also as perhaps the richest example of a massive shift in our society,” he wrote.

https://www.nbcnews.com/

Elon Musk is now worth $230 billion

Rich as much as Bill Gates and Warren Buffett combined

Elon Musk has entered rarified air in the world billionaire rankings. The Tesla and SpaceX CEO is not only currently the richest person in the world, but is now worth as much as fellow billionaires Bill Gates and Warren Buffett combined.

 

The 50-year-old’s net worth is $230 billion as of Friday morning, according to the Bloomberg Billionaires Index. Gates sits in fourth place with $130 billion and Buffett is No. 10 with $102 billion. Both Gates and Buffett previously held the mantle of world’s richest person. Musk first passed Amazon CEO Jeff Bezos to become the world’s richest man in January with a net worth of $185 billion. Bezos had held the title since 2017.

https://www.cnbc.com/

SpaceX wins $2.9 billion moon lander contract

A  spacecraft to bring astronauts to the moon as early as 2024

NASA awarded billionaire entrepreneur Elon Musk’s space company SpaceX a $2.9 billion contract to build a spacecraft to bring astronauts to the moon as early as 2024, the agency said on Friday, picking it over Jeff Bezos’ Blue Origin and defense contractor Dynetics Inc.

Bezos and Musk – the world’s first and third richest people respectively, according to Forbes – were competing to lead humankind’s return to the moon for the first time sine 1972.

Musk’s SpaceX bid alone while Amazon.com (AMZN.O) founder Bezos’s Blue Origin partnered with Lockheed Martin Corp (LMT.N), Northrop Grumman Corp (NOC.N) and Draper. Dynetics is a unit of Leidos Holdings Inc.(LDOS.N)

“NASA Rules!!” Musk wrote on Twitter after the announcement.

https://www.reuters.com/

Bernie Sanders tells Elon Musk to focus on Earth

Massive wealth disparity

Elon Musk says he’s hoarding wealth for a good cause — but it’s not good enough for US Sen. Bernie Sanders. The left-wing lawmaker targeted the billionaire Tesla CEO after Musk claimed he would use his giant fortune to support life on other planets. Sanders — a Vermont independent who’s a powerful gadfly on the Democratic Party’s left flank — first went after Musk last week by pointing out the massive wealth disparity that he and fellow billionaire Jeff Bezos exemplify.

“We are in a moment in American history where two guys — Elon Musk and Jeff Bezos — own more wealth than the bottom 40 [percent] of people in this country,” Sanders tweeted on Thursday. Musk offered his own defense in response to the article on Twitter, saying his fortune will go toward his spacefaring ambitions. His rocket-building company, SpaceX, wants to land humans on Mars by 2026.

https://nypost.com/