SpaceX shares fall below $135 IPO price for the first time since debut
SpaceX shares fell below their $135 IPO price for the first time on Wednesday, leaving investors in Elon Musk's rocket company with paper losses.
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SpaceX shares fell below their $135 IPO price for the first time on Wednesday, leaving investors in Elon Musk's rocket company with paper losses.
Elon Musk's net worth has fallen below $900 billion as SpaceX shares slide toward their IPO price, wiping more than $500 billion since June.
SpaceX will test laser links between new Starlink satellites and ground stations in South Africa, the one African market where Starlink cannot legally sell service.
MTN Uganda chairman Charles Mbire said the company is open to a Starlink partnership after Uganda formally licensed the satellite internet provider on May 15.
Elon Musk's Starlink has long led the satellite internet race. Amazon's $11.57 billion Globalstar acquisition signals the gap is about to get smaller.
Elon Musk has alleged bribery and race-based discrimination in South Africa's telecom rules, saying Starlink has been unable to secure a license to operate.
Namibia has rejected Starlink’s licence bid, blocking the satellite internet provider from operating as regulators enforce compliance with national telecom laws.
Elon Musk brings Starlink to the Central African Republic, boosting digital access as Iranians plead for connectivity amid a nationwide blackout.
Elon Musk says South Africa’s race-based telecom rules block Starlink, despite $121.8 million investment and plans for rural schools.
Starlink, Elon Musk’s satellite internet service, may soon expand to South Africa as the government eases foreign ownership rules.
Namibia reviews Starlink’s license applications, bringing Elon Musk’s satellite service closer to formal approval.
Starlink and Cisco team up with Rwanda to build a gateway, expand connectivity and train millions for the digital economy.
Starlink has paused new internet kit orders in Lagos and Abuja after hitting capacity, with rising prices and regulatory hurdles weighing on Nigerian users.
The expansion comes after significant upgrades to network capacity, aimed at boosting connectivity in Africa’s most populous nation.
The move aligns with Ghana’s broader push to tighten oversight of big tech and ensure equitable participation in its growing digital economy.
SpaceX and Airtel Africa team up to roll out Starlink’s low-latency internet, aiming to bridge rural Africa’s digital divide with satellite connectivity.