Elon Musk says that in the coming year he will give one of his SpaceX shares to every kid in America.
The post Nolte: Elon Giving American Kids a SpaceX Share Will Create Capitalists appeared first on Breitbart.
Beijing has proposed banning exports of the technology used to make next-generation solar cells, a move that could complicate United States technology guru Elon Musk’s plan to expand into space solar power. The ban, which covers production technology for perovskite and tandem solar cell modules, is part of a proposal by China’s Ministry of Commerce […]
The post China next-gen solar tech curb to impact SpaceX AI computing plan appeared first on Asia Times.
Anthropic says it plans to commit five percent of its shares to a newly created "Public Benefit Fund," a move that would need stockholder approval before taking effect after the company's hotly anticipated IPO which could occur as soon as November.
The post Anthropic Will Dedicate 5% of Shares to ‘Public Benefit Fund’ After Landmark AI IPO appeared first on Breitbart.
Elon Musk is vowing to give "every kid" in the United States a share of his SpaceX company next year, promising, "This will be the first of many."
The post Elon Musk Vows to Give a SpaceX Share to ‘Every Kid In America’ appeared first on Breitbart.
The $48bn giveaway comes amid concerns about the tech and as the company prepares for a stock market listing
Anthropic has said it will commit 5% of its shares to a fund for the “public good”, as the AI developer behind the Claude chatbot seeks to bolster its appeal before its stock market listing.
The company announced it would commit the shares, worth around $48bn (£36bn) at its latest valuation in May, subject to shareholder approval. It will add a further 2% of its stock to the fund for every 50% increase in its value above an undisclosed baseline.
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© Photograph: Dado Ruvić/Reuters
© Photograph: Dado Ruvić/Reuters
© Photograph: Dado Ruvić/Reuters
US Ambassador to the EU Andrew Puzder has criticised plans under consideration in Brussels that would reserve parts of the radio spectrum for European operators, potentially restricting services provided by Elon Musk’s SpaceX and its Starlink satellite network.
According to details of Washington’s objections, the American administration believes the proposed arrangements would discriminate against US companies and undermine competition. Puzder has warned that European businesses could face substantial consequences if the restrictions proceed.
The disagreement comes as Brussels pursues a broader strategy intended to strengthen Europe’s technological independence in satellite communications, cloud computing and artificial intelligence. Washington has increasingly challenged European regulations that it considers detrimental to American technology companies.
At the centre of the disagreement is the allocation of radio frequencies used by satellite communications systems. Access to suitable spectrum is essential for providing reliable services, particularly as operators deploy increasingly large constellations in low Earth orbit.
SpaceX has established a substantial commercial and technological advantage through Starlink, which operates thousands of satellites and provides broadband services to residential, commercial and government customers across numerous countries.
European operators argue that the expansion of American satellite networks could make it difficult for European competitors to secure sufficient spectrum and develop commercially viable services.
Washington takes a different position, warning that preferential treatment for European operators could restrict competition rather than strengthen it.
The precise legal form of the proposed EU restrictions, and whether they will proceed, remain unsettled. No final European prohibition on American satellite services has been announced.
Nevertheless, the dispute raises a question for Brussels: whether measures intended to protect European industrial capacity can be introduced without exposing European exporters and investors to American retaliation.
The European Commission is investing heavily in IRIS², its secure satellite communications programme, which is intended to provide independent communications capabilities for governments, defence organisations and commercial customers.
Under arrangements confirmed in August, the programme’s principal constellation is planned to comprise 348 satellites operating in low and medium Earth orbit, with initial launches scheduled for 2029.
The system is designed to reduce Europe’s reliance on communications infrastructure controlled by companies or governments outside the EU, particularly during military emergencies, cyber incidents and interruptions to terrestrial networks.
The Commission’s technical programme envisages communications services supporting border management, crisis response, defence and other sensitive government activities.
However, IRIS² is not yet operational, and European commercial operators face significant competition from SpaceX.
Eutelsat, which operates the OneWeb satellite network, is among the European companies positioned to benefit from increased demand for alternatives to Starlink.
Its shares rose sharply on 14 October following reports of restrictions affecting Ukrainian access to certain Starlink services. The market reaction reflected renewed interest in European-controlled satellite communications.
OneWeb cannot simply replace Starlink across all applications. Differences in network architecture, terminal equipment and available capacity complicate any rapid transition.
The dispute is particularly sensitive because Starlink has become an important part of Ukraine’s communications infrastructure during Russia’s invasion.
Ukrainian forces have relied on satellite connectivity for communications in areas where conventional telecommunications infrastructure has been damaged or destroyed.
The strategic consequences of relying on a commercial provider became more prominent following reports that access to certain Starlink capabilities had been restricted.
For European governments, the episode has reinforced concerns about whether defence communications should depend on technology controlled by a company subject to political and commercial pressures outside Europe.
Yet restricting American participation before European alternatives are fully available could produce its own operational difficulties.
The Commission must therefore distinguish between developing independent European capabilities and limiting access to services that governments, businesses and military organisations currently require.
The satellite dispute follows disagreements over European regulation of American digital companies, including competition enforcement and restrictions on online platforms.
As EU Today reported in May, the European Commission had already proposed reserving much of the future mobile satellite spectrum for European operators.
Washington’s opposition introduces a different dimension because spectrum allocation affects market access directly.
The American administration is also linking the dispute to broader commercial relations, raising the possibility that measures affecting satellite companies could produce consequences for unrelated European industries.
Brussels has not announced a final decision on the disputed spectrum arrangements, while the United States has not specified which retaliatory measures it would impose.
The immediate issue is therefore regulatory rather than an enacted trade restriction. Whether it develops into a wider confrontation will depend on the Commission’s final proposals and Washington’s willingness to pursue its warning through commercial measures.
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