This Is What Elon Musk Was Up To On Trump's Trip To The Middle East
May 14, 2025
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20:03Now PlayingThis Is What Elon Musk Was Up To On Trump's Trip To The Middle East
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as posted by the channelOn Monday in Riyadh, at the Saudi-U.S. Investment Forum, Elon Musk announced during a fireside chat with the Kingdom’s minister of communications and information technology that Starlink, the satellite internet arm of his rocket company SpaceX, had clinched a deal with Saudi Arabia to offer service to the country’s maritime and aviation companies.
It was the second Musk venture to do a deal with the Saudis in as many weeks. On April 29, X Corp., Musk’s social media company, raised $1.23 billion in fresh debt to refinance part of its existing $12 billion debt load from Musk’s leveraged buyout three years ago.
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