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CNBC analysis: Starlink slowdown in Ukraine highlights business risks for Musk's partners
A CNBC analysis highlights the elevated business risks of dealing with Elon Musk, citing the recent slowdown of Starlink service in Ukraine. The report notes conflicting narratives from the White House and Musk regarding responsibility for the service disruption, with The Wall Street Journal reporting that some U.S. officials believe Musk acted unilaterally. This situation prompts businesses to reassess the certainty of contractual agreements with Musk, potentially benefiting competitors like Jeff Bezos' Blue Origin, which recently raised $10 billion at a $130 billion valuation.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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