Donald Trump Denies Ordering Starlink Internet Slowdown In Ukraine
Donald Trump denied that either he or Space Exploration Technologies Corp. (SPCX) CEO Elon Musk ordered speed restrictions on Starlink satellite internet services used by Ukrainian military forces. The statement follows reports of restricted access, while Elon Musk previously noted that government-focused Starshield systems fall under U.S. government ownership and control.
Ukrainian President Volodymyr Zelenskyy confirmed that Starlink service experienced speed reductions rather than a total outage. The slowdown created severe operational challenges for Ukrainian defense efforts, hampering civilian drone interception, military strikes in occupied areas, and frontline supply deliveries of food and water.
Investors will be watching for further clarity on government satellite contract management and potential service restoration. Shares of Space Exploration Technologies Corp. (SPCX) dropped nearly 2% during regular Friday trading and slipped another 0.4% after hours, bringing year-to-date performance down 3%.
Key points
- Donald Trump denied that he or CEO Elon Musk ordered speed reductions on Starlink internet in Ukraine.
- Ukrainian President Volodymyr Zelenskyy stated service speeds were reduced, impairing drone operations and frontline logistics.
- Elon Musk previously indicated that Starshield satellite systems are owned and operated by the U.S. government.
- Shares of Space Exploration Technologies Corp. (SPCX) fell nearly 2% during regular trading on Friday.
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How we writeDisclaimerQuestions and answers
Did Donald Trump or Elon Musk order a Starlink slowdown in Ukraine?
Donald Trump denied that he or Space Exploration Technologies Corp. CEO Elon Musk ordered any speed restrictions on Starlink satellite internet services in Ukraine.
How did the Starlink slowdown affect military operations in Ukraine?
Ukrainian President Volodymyr Zelenskyy stated that reduced Starlink speeds disrupted drone interceptions, frontline logistics, and military strike capabilities.
How did SPCX stock react to the Starlink reports?
Space Exploration Technologies Corp. shares dropped nearly 2% in regular trading on Friday and fell another 0.4% in after-hours trading.