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Putin hails Elon Musk’s ‘genius’ amid plans for Russian version of Starlink

Russia plans to build own version of US billionaire’s satellite communications to help attack Ukraine

Vladimir Putin praised Elon Musk’s genius and said he was in touch with Starlink’s controlling shareholder as Russia develops its own satellite communications for its military to use against Ukraine.

The Russian president, speaking at a summit with African leaders in Moscow, was comparing the Earth-orbiting network built by Musk’s SpaceX with Russia’s gradual efforts to build its own Rassvet constellation.

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© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

Putin hails Elon Musk’s ‘genius’ amid plans for Russian version of Starlink

Russia plans to build own version of US billionaire’s satellite communications to help attack Ukraine

Vladimir Putin praised Elon Musk’s genius and said he was in touch with Starlink’s controlling shareholder as Russia develops its own satellite communications for its military to use against Ukraine.

The Russian president, speaking at a summit with African leaders in Moscow, was comparing the Earth-orbiting network built by Musk’s SpaceX with Russia’s gradual efforts to build its own Rassvet constellation.

Continue reading...

© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

© Photograph: Maxim Shipenkov/Reuters

Jio’s IPO seeks a tech multiple for old-school mobile business

16 October 2026 at 12:27

India’s largest initial public offering (IPO) opens October 21, and investors in Tokyo, Singapore and Hong Kong are being asked a simple question: What is a Jio customer’s monthly bill worth? Jio Platforms, the Reliance-owned mobile carrier with some 524 million India-based customers, is selling 270 million new shares at 1,065 to 1,119 rupees each […]

The post Jio’s IPO seeks a tech multiple for old-school mobile business appeared first on Asia Times.

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