U.S. billionaire Elon Musk has agreed to sell a portion of Starlink assets to the U.S. Department of Defense, removing himself from decision-making regarding geofencing Ukraine’s access to the satellite internet service
U.S. billionaire Elon Musk has agreed to sell a portion of Starlink assets to the U.S. Department of Defense, removing himself from decision-making regarding geofencing Ukraine’s access to the satellite internet service
In my opinion, all companies essential to national security should be nationalised. I mean the likes of Lockheed Martin as well. There should be no profit from war and we can’t afford companies to chase profits against the interests of national security if we end up needing it.
How does it work in China?
Worked well enough for them to build 30-ish ghost cities the size of New York City, meanwhile we can’t even get a single high speed rail built, anywhere in the country.
Regardless of the implications that might have on their economy all I can think is of the old proverb;
A kingdom that doesn’t build doesn’t remain a kingdom for long.
That’s their secret on how a rice farmer nation got to be a superpower. Keep the power close to heart and you won’t get budged. Meanwhile USA privatised the whole army
They aren’t a super power.
They have also released a ton of sectors back to being private over the years which has enabled them to compete on the global field, fix their economy and raise their QOL.
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