Elon Musk’s Companies Could Be Attacked By Iran, State Media Reports

Elon Musk’s Companies Could Be Attacked By Iran, State Media Reports

Forbes world

Key Points:

  • Iran’s military has reportedly threatened to target Elon Musk’s assets in the Middle East, including Starlink and SpaceX operations in Arab countries and Israel, according to state media.
  • SpaceX’s Starshield program, a government-focused version of the Starlink satellite network, has become a critical contractor for U.S. military and intelligence agencies, especially for Earth observation and communications.
  • The U.S. Space Force recently awarded SpaceX a $2.29 billion contract to develop a military internet satellite network in low Earth orbit, reflecting growing reliance on Musk’s technology for defense purposes.
  • Elon Musk’s net worth is estimated at $781.7 billion, with SpaceX’s upcoming public offering expected to value the company between $1.75 trillion and $2 trillion, potentially making Musk the world’s first trillionaire.
  • Tensions remain high as former President Donald Trump threatened military strikes on Iran but later claimed to have canceled them after a deal was reached, signaling ongoing volatility in U.S.-Iran relations.

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