Bloomberg Originals
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Elon Musk's Plans to Break Into $70B Satellite Market
Posted
March 18, 2014
Views
8,277
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64
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March 18, 2014
8,277
64
18
0.99%
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3:06Now PlayingMarch 18 (Bloomberg) -- Billionaire Elon Musk wants to break into a $70 billion Pentagon satellite launch market monopolized by a Lockheed Martin-Boeing joint venture. Testifying before U.S. lawmakers on March 5, he warned that the team's dependence on Russian rocket engines poses supply risks. Yang Yang has more on Bloomberg Television's "Bottom Line." (Source: Bloomberg)
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