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Reading: Trump Group Threatens To Lower Ukraine’s Entry To Elon Musk’s Starlink Over Minerals Dispute: Report
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StockWaves > Trading > Trump Group Threatens To Lower Ukraine’s Entry To Elon Musk’s Starlink Over Minerals Dispute: Report
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Trump Group Threatens To Lower Ukraine’s Entry To Elon Musk’s Starlink Over Minerals Dispute: Report

StockWaves By StockWaves Last updated: February 22, 2025 3 Min Read
Trump Group Threatens To Lower Ukraine’s Entry To Elon Musk’s Starlink Over Minerals Dispute: Report
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US negotiators have reportedly threatened to chop Ukraine’s entry to SpaceX’s Starlink satellite tv for pc web service. This transfer comes amid ongoing negotiations over entry to Ukraine’s essential minerals.

What Occurred: Negotiators from the U.S. have been pushing Ukraine to supply entry to its important minerals. As a bargaining chip, they’ve raised the prospect of revoking Ukraine’s entry to the Starlink web system, which is owned by Elon Musk‘s SpaceX, Reuters reported.

This improvement follows the rejection of an preliminary proposal from U.S. Treasury Secretary Scott Bessent by Ukrainian President Volodymyr Zelenskyy.

Throughout a gathering between U.S. particular Ukraine envoy Keith Kellogg and Zelenskiy, Ukraine was warned of a possible shutdown of the Starlink service if a deal on essential minerals was not reached, in response to the report.

See Additionally: Trump Praises Elon Musk’s Starlink Rollout, Says SpaceX Rocket Restoration Is ‘Like You Seize A Lovely Little Child:’ ‘No one Else Can Do It’

Starlink has been important in sustaining Ukraine’s web entry amid the continuing battle. “Ukraine runs on Starlink. They contemplate it their North Star,” a supply advised the publication.

“Dropping Starlink … can be a huge blow.”

Melinda Haring, a senior fellow on the Atlantic Council, careworn that Starlink is essential for Ukraine’s drone operations, a cornerstone of its army technique. “Dropping Starlink can be a recreation changer,” she warned.

Why It Issues: The U.S. has been actively concerned within the Ukraine-Russia battle, with President Trump warning Zelenskyy to barter an finish to the conflict or danger dropping Ukraine solely.

Zelenskyy has rejected the Trump administration’s demand for $500 billion in Ukrainian mineral sources as reimbursement for wartime assist. On Friday, he confirmed that U.S. and Ukrainian groups are negotiating an settlement, whereas President Trump voiced optimism {that a} deal can be finalized quickly.

This has led to a rift between the 2 leaders, with Trump denouncing Zelenskyy as “a dictator with out elections.”

Learn Subsequent: Elon Musk’s SpaceX And T-Cell Go Stay With Starlink-Powered Satellite tv for pc-To-Cell Service: Right here’s How A lot It Will Price

Disclaimer: This content material was partially produced with the assistance of AI instruments and was reviewed and revealed by Benzinga editors.

Photograph courtesy: Shutterstock

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