Market Chatter: SpaceX, Pentagon Spar Over Starlink Price During Iran War

MT Newswires Live05-26 22:16

SpaceX executives met with Pentagon officials within weeks of the US launching its bombing campaign in Iran and argued that the military should be paying more for access to its Starlink network, Reuters reported Tuesday, citing two sources familiar with the matter and Pentagon documents it reviewed.

The US military had been paying roughly $5,000 for connection per terminal while effectively using a higher tier of service that costs closer to $25,000 per terminal, the report said, citing the people and the documents.

SpaceX and the Pentagon didn't immediately reply to requests for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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