SpaceX to continue funding Starlink
Billionaire Elon Musk said on Saturday that his company SpaceX would continue funding the Starlink internet service being used on the ground in Ukraine, despite previous warnings that the company would withdraw its services due to a lack of government funding.
“The hell with it,” Musk wrote on Twitter. “Even though Starlink is still losing money & other companies are getting billions of taxpayer $, we’ll just keep funding Ukraine govt for free.”
When former PayPal founding chief operating officer and co-founder of angel investment firm Craft Ventures David Sacks replied with the comment, “No good deed goes unpunished,” Musk responded: “Even so, we should still do good deeds.”
SpaceX’s director of government sales told the Pentagon last month that the company was unable to continue its funding of Starlink, sharing that the endeavor would cost $120 million over the next few months and nearly $400 million next year.
