Iran Threatens Elon Musk’s Companies, Calling Them “Military Targets”
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Iran’s regime is directly threatening Elon Musk: “Military targets”
Eliyahu Amar, 11 minutes ago
The Iranian Fars news agency reported that Iran is threatening all companies owned by Elon Musk in the Middle East, including SpaceX’s Starlink satellite network, which Tehran will henceforth regard as “military targets” because of what it claims is the military use of Musk’s infrastructure in the region. At the same time, SpaceX is on the verge of an IPO that could become the largest in history and give the company an estimated valuation of about $1.75 trillion.
The Iranian Fars news agency reported a short time ago today, Thursday, that Iran will regard all companies owned by the American billionaire Elon Musk in the Middle East as “military targets.” According to the report, the decision includes, among other things, the Starlink satellite internet network of SpaceX, as well as other assets and infrastructure connected to Musk’s business activity in the region.
The Iranian report comes against the backdrop of rising tensions between Tehran and Washington, after the latest round of attacks in the region. Iranian media claimed that Musk’s companies serve American interests in the Middle East, and therefore could be included on Iran’s list of targets in the event of further escalation.
The threat is of particular significance for SpaceX, which is currently in the midst of a move toward a historic IPO. The company is targeting a valuation of about $1.75 trillion and could raise tens of billions of dollars in the offering, which could make it the largest IPO ever recorded in financial markets.
In recent months, SpaceX completed a merger with Musk’s artificial intelligence company xAI, a move that further increased investor interest ahead of the planned IPO. Analysts estimate that a successful offering could reshape the global IPO market and make Musk one of the richest people in modern history.
SpaceX, Elon Musk, Iran, the Middle East, IPO, Starlink
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