… He said taxing services such as Netflix and Starlink could create issues of double taxation because users may already be paying taxes in other jurisdictions. …
… The former Information Minister also raised concerns about other tax-related transactions, including proposed VAT charges on international commerce platforms such as Netflix and Starlink. …
… He said the Minority questioned the possibility of double taxation on services such as Netflix and Starlink because users may already be paying taxes where the products and services are purchased. …
… He said the Minority raised similar concerns over other revenue-related transactions, including proposed taxation measures affecting international digital platforms such as Netflix and Starlink. …
… On its 13th flight test, Starship will carry 20 Starlink satellites to demonstrate its satellite-dispensing system and the Starlink network’s laser communication links, but those satellites will follow the ship’s suborbital trajectory and burn up in Earth’s atmosphere soon …
Namibia’s communications regulator said on Monday that it dismissed an appeal by Starlink against the rejection of its license applications, reaffirming that Elon Musk’s satellite internet provider failed to meet local ownership requirements. …
… One is SpaceX, the aerospace company that has captured the world’s imagination with reusable rockets, Starlink satellites, and ambitious plans for Mars. …
… While its primary focus is manufacturing and launching rockets with reusable parts, the company also manufactures and launches Starlink internet satellites and is ramping up its presence in the AI race. …
… SpaceX also manufactures and launches Starlink internet satellites, and through this year’s acquisition of xAI, another company Musk owned and operated, it entered the AI business as well.
… The move by SpaceX, which builds space exploration rockets and infrastructure but also owns xAI and Starlink, to reveal its estimated share price more than a week before its public debut is unusual. …
The Ranking Member on Parliament's Economy and Development Committee warned private sector partners that Parliament has not yet approved any specific company, contract amount, or implementation schedule for the government's fiscal electronic devices project. Oppong Nkrumah said the Minority opposed Parliament approving a multi-year commitment without critical details such as total cost, duration, contractor identity, and year-by-year fiscal impact.
The Ranking Member on Parliament's Economy and Development Committee warned private sector partners that Parliament has not yet approved any specific company, contract amount, or implementation schedule for the government's fiscal electronic devices project. Oppong Nkrumah said the Minority opposed Parliament approving a multi-year commitment without critical details such as total cost, duration, contractor identity, and year-by-year fiscal impact.
Ranking Member Kojo Oppong Nkrumah warned that Parliament cannot approve multi-year financial commitments without disclosure of details such as total cost, duration, contractor, and yearly fiscal impact. The Minority opposed parliamentary approval for rollout of fiscal electronic devices because key information about the transaction was not provided.
Parliament's Minority caucus rejected a request to approve a multi-year commitment for rolling out fiscal electronic devices, calling it a "blank cheque" because the government's request lacked information on project cost, timeline, contractor, and yearly financial impacts.
The Ranking Member on Parliament's Economy and Development Committee says the Minority will use the Right to Information Act and seek court orders if necessary to obtain contracts and documents on government revenue-related agreements that he says have not been disclosed to Parliament. He opposes parliamentary approval of a multi-year fiscal electronic devices commitment without details on cost, duration, contractors, and fiscal impact.
SpaceX is targeting Thursday, July 23, for another Starship rocket launch attempt after aborting its 13th flight test on July 16 due to an engine issue. The company has modified Starship's propulsion system and plans to carry 20 Starlink satellites to test the satellite-dispensing system, though they will follow a suborbital trajectory and burn up in Earth's atmosphere.
Namibia's communications regulator dismissed Starlink's appeal against the rejection of its telecommunications service and radio spectrum access license applications, citing the company's non-compliance with local ownership and control requirements under the Communications Act.
An analysis compares SpaceX's recent $75 billion IPO, which raised the stock above $200 per share and valued the company beyond $2 trillion, with Kasapreko's listing, examining whether investors should buy at current prices. The article notes SpaceX generated $18.7 billion in 2025 revenue while trading at an estimated 90 to 100 times sales, suggesting investors are buying future growth prospects rather than current business performance.
Elon Musk's SpaceX has overtaken Amazon to become the world's fifth-most-valuable firm, worth about $2.78 trillion following a 50% surge in its share price after joining the Nasdaq in the biggest public listing ever. The company's stock value now exceeds Amazon's $2.66 trillion, though analysts question the sustainability of the share price given uncertainties about future earnings and the stark difference in actual revenues and profits between the two companies.
SpaceX has agreed to buy AI coding start-up Cursor (Anysphere) for $60 billion days after its own record IPO on Nasdaq, which valued the rocket company at over $2 trillion. The acquisition follows a partnership agreement from April that gave SpaceX the option to either buy Cursor for $60 billion or pay $10 billion for work completed together.
Elon Musk's SpaceX has announced a suggested share price of $135 in advance of its planned initial public offering, valuing the company at approximately $1.75tn and aiming to raise $75bn—which would be a record for an IPO if achieved.
Elon Musk's SpaceX said its shares should go for $135 each in an SEC filing, setting its valuation at roughly $1.75tn as it approaches an initial public offering set for next week. The move is unusual, as companies typically only share an estimated share price the day before trading begins.
SpaceX postponed its Starship rocket launch due to a malfunctioning hydraulic pin on the launch tower and plans another attempt on Friday. The delay comes as SpaceX prepares for a record-breaking stock market debut on Nasdaq, the largest IPO in Wall Street history, which could make Elon Musk the first-ever trillionaire.
Elon Musk's SpaceX has announced plans to go public on the US stock market under the ticker SPCX, in what could be the largest IPO in Wall Street history. The filing reveals SpaceX had $18.6bn in revenue last year but a net loss of $4.9bn, and with Musk's majority stake, the IPO could push his net worth above $1 trillion.