Musk Says SpaceX Losing $20 Million a Month on Starlink Internet in Ukraine

Musk Says SpaceX Losing $20 Million a Month on Starlink Internet in Ukraine
Tesla and SpaceX Chief Executive Officer Elon Musk speaks at the SATELLITE Conference and Exhibition in Washington on March 9, 2020. Susan Walsh/AP Photo
Tom Ozimek
Updated:

Billionaire tech mogul Elon Musk said that SpaceX is losing around $20 million a month on providing its Starlink satellite internet to Ukraine, while the Pentagon confirmed it has not paid the company any money for the service.

Musk said in an Oct. 19 post on Twitter that his rocket company is losing approximately $20 million a month from unpaid service and costs related to security measures for cyberwar defense but added that “we'll keep doing it (sigh).”
Tom Ozimek
Tom Ozimek
Reporter
Tom Ozimek is a senior reporter for The Epoch Times. He has a broad background in journalism, deposit insurance, marketing and communications, and adult education.
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