The carmaker, which is controlled by Elon Musk and is considering merging with another of his companies, SpaceX, spent heavily on artificial intelligence and other new technologies.
Ukraine says it still doesn’t know why the military satellite internet service, a sister to Starlink, was abruptly throttled, leaving troops vulnerable to Russian attacks.
A Ukrainian soldier flying a drone in the Donetsk region last week. Members of the military have reported issues with drone connectivity since Starshield was disrupted.
Tech stocks are up after the rocket and artificial intelligence company beat earnings estimates — and Elon Musk confirmed it is weighing a deal with Tesla.
SpaceX’s blockbuster public offering on the Nasdaq in June helped make Elon Musk, who is also the chief executive of Tesla, the first person to be worth more than a trillion dollars.
The fire, which did not seriously damage the network, came after similar incidents in Bulgaria and Poland involving the satellite internet provider, a key defense tool for Ukraine’s armed forces.
With Republicans seen as less likely to hold their majority in the House, the party is focusing more on the battle for the Senate, where it is vastly outspending Democrats on ads.
President Volodymyr Zelensky of Ukraine pressed Sunday for more information on possible restrictions to Starshield, a U.S.-provided satellite internet service used by the Ukrainian military.
Republican Senate and House candidates are being out-raised by their Democratic rivals, but the party has received a huge boost from groups tied to Elon Musk and President Trump.
The world’s richest person, who has become the biggest known midterm donor, gave $158 million to a group that quickly spent that much to help Mr. Paxton’s Senate bid in Texas.
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