Ukrainian president says US limiting access was a ‘dangerous and unpleasant surprise’, amid reports the order came from inside White House
Volodymyr Zelenskyy has said the Ukrainian military’s access to the Starlink satellite internet service has not yet been fully restored, as media reports suggested the order to throttle the service had come from within the White House.
Zelenskyy met European leaders on Friday in Brussels, where he asked the EU for another €70bn (£60bn) next year to fund Ukraine’s defence against Russia.
On Friday, Gabriela Castillo Madrid, SpaceX’s Senior Manager of Global Government Affairs, is set to appear before the New York City Council’s Committee on Technology to answer questions about the safety of its artificial intelligence technology.
The hearing comes after City Council Speaker Julie Menin formally subpoenaed the company to participate in an Oct. 5 hearing on AI risks, which it did not attend.
After the initial refusal, the body formally notified the company of its intent to file a petition with the New York State Supreme Court to compel compliance, after which the firm requested a meeting and agreed to testify.
SpaceX’s appearance follows the Oct. 5 hearing, which included senior representatives from OpenAI, Anthropic, Meta and Google, as well as sworn testimony from prominent industry whistleblowers Jacob Coxon, Daniel Kokotajlo and Alex Turner, and British lawmaker Jess Asato.
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“We held a multi-hour hearing with whistleblowers, the world’s largest technology companies and the nation’s leading AI experts. The conspicuous absence of SpaceXAI was unacceptable,” Menin said at the time.
Citizens deserve “to hear directly from the companies developing this powerful technology what safeguards they are implementing to protect people and how they will be held accountable when they fail,” she pointed out, warning that “self-regulation is not enough.”
During the previous hearing, Menin asked spokespeople for OpenAI, Anthropic, Meta and Google under oath to commit to not releasing a model if it failed an internal test or an evaluation by a third party outside the company.
Harvard's investment in Elon Musk's SpaceX has paid off.
Matt Rourke/AP
Harvard's endowment returned a five-year high of 27.1% in the 12 months to June 30, besting the S&P 500.
The Ivy League college counted a $2.2 billion SpaceX stake as its top Q2 portfolio holding by far.
Harvard's endowment grew to almost $68 billion after accounting for taxes, gifts, and distributions.
Harvard University delivered its best investment return in five years as its bet on SpaceX boosted its stock portfolio.
The elite college's endowment returned 27.1% in the fiscal year ended June 30, its annual financial report revealed on Thursday. That comfortably outpaced the benchmark S&P 500's 22.3% total return over the same period.
After accounting for taxes, distributions, and gifts, Harvard's endowment grew by $11 billion to nearly $68 billion.
Harvard Management Company's stake in Elon Musk's maker of Starship rockets, Starlink satellites, and AI chatbot Grok was worth $2.2 billion at the end of June, per its second-quarter portfolio disclosure.
SpaceX was its number-one holding, more than six times more valuable than its second-biggest position, a sub-$350 million stake in Taiwan Semiconductor.
Its next-largest positions — each worth over $150 million — were Cerebras, Amazon, Alphabet, and Nvidia. Its 19 holdings at the end of June were together worth about $4.3 billion, more than double the portfolio's $1.8 billion value three months earlier.
Harvard said the strong performance of its endowment, which is nearly 400 years old and comprises about 15,000 individual funds, helped it weather the "abrupt termination of federal research grants" by the Trump administration.
It's worth noting that 13-F portfolio disclosures are a snapshot of a fund's US stock holdings on a certain date. They don't include foreign-listed stocks, non-stock assets like bonds or real estate, private investments, or stocks sold short.
Harvard said that as of June 30, 14% of its endowment was invested in public equities, 29% in hedge funds, 46% in private equity, 4% in real estate, and the balance elsewhere.
Harvard declined to comment when contacted by Business Insider.
SpaceX's valuation has whipsawed since the aerospace company went public on June 12. Its market capitalization topped $2.4 trillion on June 20, then tanked to $1.4 trillion by August 1, and has since rallied to around $2 trillion.
Musk's company posted a 92% year-on-year revenue jump for the quarter ended June, helping narrow its net loss from $1 billion to $541 million.
The world's richest man recently posted on X that he sees a path for SpaceX to be worth "orders of magnitude more than the current Earth economy," implying its stock could rise at least 6,000-fold to $12 quadrillion over time.
He later clarified that wasn't a "statement of extreme confidence," but he believes the probability of achieving that valuation is "not zero." On October 14, he said he expects SpaceX to be worth more than $100 trillion in the next 10 years.
Harvard is one of several shareholders to reveal a sizable stake in SpaceX. Google parent Alphabet reported a roughly 4% stake valued at $94 billion as of the end of June. Longtime Musk associate Peter Thiel disclosed a 3.2% position worth $73 billion held by his Founders Fund and related entities. AI chipmaker Nvidia has a $21 billion stake.
The EU plans to fast-track antitrust approval for Project Bromo, a satellite venture meant to cut Europe's reliance on American space technology, Bloomberg reports. The news comes days after the White House ordered the Pentagon to slow Starshield, the military-grade Starlink service Ukraine's forces use, according to Reuters.
Project Bromo would merge the satellite businesses of Italy’s Leonardo and France’s Airbus and Thales into one company. Bloomberg calls it the bloc’s answer to SpaceX, and the EU sees it as a regional giant able to compete with US and Chinese rivals.
European Commission President Ursula von der Leyen has backed the project, Eunews reports.
“These are the types of industrial champions we need if Europe is to lead in the space economy of tomorrow,” she said at an international space summit in Paris last month, citing Bromo by name.
A year of quiet groundwork before the filing
Over the past year, the partners and EU officials have worked through potential competition concerns so they can be resolved before a formal application, according to Bloomberg. The companies have not yet applied, but Brussels expects them to in the coming weeks.
For large deals, regulators usually hold such preliminary talks to flag obstacles early. If the companies offer concessions, such as selling some assets, the deal could clear after a first-phase review of a little over a month. If competition concerns remain, the Commission could open an in-depth probe lasting several months.
The caveat behind the SpaceX-rival label
A fast review is not a free pass. Competition Commissioner Teresa Ribera has warned that the project cannot expect one, and unions and suppliers have raised concerns about jobs and competition, Bloomberg reports. Von der Leyen’s public backing drew criticism from some members of the European Parliament.
Her support “doesn’t mean we are not going to apply and to enforce our own regulation,” Ribera told Bloomberg TV.
Why it matters to Ukraine
The push is part of a wider European scramble for space autonomy. Ukraine wants to build a satellite system of its own that no single company controls.
This week showed why. After the Starshield order, the military-grade terminals stopped working on fast-moving objects, and now work only at speeds of up to 160 kph, a person in Ukraine’s Defense Ministry told Reuters. Ukrainian officials said the restrictions complicated strike missions against Russian forces and logistics in occupied territory and slowed the interceptor drones that shoot down Shaheds.
White House officials instructed Pentagon leaders to limit Starshield, SpaceX’s military-grade satellite service used by Ukrainian forces, Reuters reported on 15 October, citing three officials. The report came a day after a senior US official told Axios the Trump administration had nothing to do with the alleged Starlink restrictions.
Ukrainian forces rely on US-controlled satellite technology for battlefield operations and for intercepting Russian drones aimed at Ukrainian cities, so the latest restrictions have raised questions about how reliably they can depend on it.
Senior US official denies president requested restrictions
Asked about the order, a senior US official replied, “No such request was ever made by the president.” The White House did not respond to questions about whether other administration officials might have made the request.
Ukrainian officials contacted the White House, State Department and Pentagon on 13 and 14 October and were told it was a White House decision
European allies question Starlink restrictions
European officials raised concerns about the restrictions. German Foreign Minister Johann Wadephul criticized the throttling and said Ukraine must continue to receive full support, Spiegel reported on 15 October. Wadephul said Germany had questions for the US, noting that Germany finances part of the Starlink technology used in Ukraine.
On 16 October, UK Defense Secretary Wes Streeting said US Defense Secretary Pete Hegseth had assured him in a face-to-face meeting that Starlink was back up and running, the Guardian reported. However, a Ukrainian Defense Ministry source said that military-grade terminals were working in motion again, but only at speeds of up to 160 km/h.
New data-speed restrictions disrupted drone missions
The military Starshield package previously had no data-speed restrictions, Ukraine’s 7th Rapid Response Corps told Novynarnia. Ukrainian officials said that after the restrictions were imposed, terminals disconnected when drones exceeded 160 km/h and sometimes at 80 km/h.
The Corps also reported 10–20-second connection drops at 110–120 km/h on the Huliaipole front, which made drones harder to control. One unit had to cancel some missions.
The restrictions came as US President Donald Trump pressed Kyiv to stop striking Russian oil refineries, blaming them for soaring energy prices ahead of November’s midterm elections. Ukraine suspects SpaceX imposed the restrictions to pressure Kyiv over the refinery strikes, but that motive has not been confirmed.
This week, Musk's combined AI-and-space-exploration company, SpaceX, announced a new Grok Voice model — and revealed that Starlink call centers are already using the AI-as-a-conversationalist technology to answer 20,000 customer calls a day.
The company said roughly 70% of those calls are resolved without humans.
Grok Voice agents are verifying customers, troubleshooting Starlink hardware, issuing credits, and shipping replacement equipment, the company said. Its AI agents can take on those tasks in multiple languages, too.
That makes Starlink a useful, real-world test case for AI voice technology — and particularly useful for its global expansion. The company says Starlink serves more than 6 million active customers around the world.
Instead of building a massive human customer-service operation to power call centers, SpaceX is betting it can serve its multilingual customers with AI.
SpaceX did not respond to Business Insider's questions about which languages Grok supports or what types of calls still require a person.
AI companies have been quickly rolling out more powerful voice models that do their best Chatty Cathy impression. In July, OpenAI released GPT-Live-1 with call-capable support, while Google has launched similar enterprise systems.
The same is true for AI companies that are focusing on consumers. Meta's Muse, for example, can also handle phone calls for those let into the beta feature.
So, soon, your bot may dial one for English — while a company's bot answers the call.
Starlink, implemented speed restrictions on Oct. 14 without warning, limiting speed to 100 miles per hour (160 kilometers per hour). The unexpected restriction disrupted active military operations, including the use of mid-range strike and interceptor drones.
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